Federal Reserve Chair Jerome Powell emphasized that the bank will be patient in adjusting interest rates on Tuesday as inflation remains stubbornly high and economic growth continues apace. The centra

A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report Wednesday.

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.