WATCH LIVE: Jerome Powell holds press briefing after Federal Reserve interest rate announcement

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WATCH LIVE: Jerome Powell holds press briefing after Federal Reserve interest rate announcement
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WATCH LIVE 2:30PM EDT: Jerome Powell holds press briefing after Federal Reserve interest rate announcement

The press briefing from Powell is scheduled for 2:30 p.m., 30 minutes after the Federal Reserve is expected to announce its decision.

Over the past couple of years, the Federal Reserve has been raising interest rates, with some of those hikes being more aggressive than others, but as inflation has slowed, the hikes may be slowing down in the near future.

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