The January meeting marks the first since Fed Chair Jerome Powell confirmed the Department of Justice subpoenaed the central bank.

This week's meeting offers little suspense and probably not much action, even as massive changes loom over the Fed's longer-term direction.

The Federal Reserve is nearing an interest rate decision at its January meeting. Jerome Powell is under growing pressure amid a DOJ investigation.

By Howard Schneider and Ann Saphir WASHINGTON, Jan 28 (Reuters) - The Federal Reserve held interest rates steady on Wednesday amid what U.S. central bank chief Jerome Powell called a clear improvement in the outlook for economic growth and diminished risks to both inflation and employment,

Powell left some advice to the next Fed chair. "Don't get pulled into elected politics," Powell said. "Don't do it."

Considering a home purchase or a refinance of your existing property? Here are the mortgage rates to know right now.

President Trump has demanded that Fed Chair Jerome Powell cut rates. But it isn’t the Fed chair alone who sets them. Here is who does.