Fed Chair Jerome Powell sees the Fed policy as appropriate despite the rising threat from President Donald Trump’s tariffs. “The risks of higher unemployment and higher inflation appear to have risen, and we believe that the current stance of monetary policy leaves us well positioned to respond in a timely way to potential economic development,” the central bank leader said during his post-meeting news conference. Find more: cnb.cx/42NjnmI | CNBC

Fed Chair Jerome Powell said monetary policy will adjust as the economy evolves. He says policy is “well-positioned" to deal with any risks or uncertainties as the market navigates changes. | CNBC