Federal Reserve Chair Jerome Powell is set to speak with reporters following the central bank's decision to deliver the first interest rate cut of 2025.

Follow live coverage of the September Federal Reserve meeting that started Tuesday. The FOMC decided to cut interest rates today, with the decision followed by Fed Chair Jerome Powell's press conference.

FOMC has cut the benchmark interest rates by 25 bps to 4%-4.25%, and has signaled two more rate cuts this year. Asian markets traded higher, while the Indian stock market benchmark indices, Sensex and Nifty 50,

Watch live as U.S. Federal Reserve Chairman Jerome Powell holds a press conference after a two-day policy meeting. Most analysts expect the central bank to cut its benchmark lending rate

The two‑day meeting of the U.S. Federal Open Market Committee (FOMC) for September 16‑17, 2025 is currently in session. All eyes are on Fed Chair Jerome Powell, who is expected to announce what many believe could be the first interest rate cut of 2025.

"We don't set mortgage rates." That was Federal Reserve Chair Jerome Powell, speaking during an afternoon press conference after the Fed's decision to cut interest rates. Powell did note that central-bank policies do tend to impact the housing market and mortgage rates.

Federal Reserve is set to deliver one of the most closely watched policy decisions of 2025 today, September 17. Markets are bracing for the central banks first interest rate cut of the year, with Wall Street widely expecting a 25-basis-point reduction in the federal funds rate.

Federal Reserve Chair Jerome Powell speaks to reporters after the central bank gives its decision on the federal funds rate, following a two-day monetary policy meeting.