Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions.

President Trump said that interest rates should come down earlier Wednesday. Officials have said they are in no rush to cut rates as long as inflation is stubbornly high and the economic backdrop rema

Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair tried to steer clear of politics.