8:31 PM · 28 January 2026

FOMC Press Conference (LIVE) 🚨

28.01.2026 - Powell (FOMC):

Unemployment rate remains stable and inflation remains elevated
Current rate appropriate for maintaining dual-mandate of low-inflation and labour market preservation
Labor demand has clearly softened
Housing market condition is "weak"
Inflation was boosted by tariffs
Disinflation lead by services sector
FED is well positioned to time and evaluate it current standing
Long-term inflation expectations in alignment with FED targets
Distortions from "Shutdown" are fading
Economic activity prospects has improved recently, which is expected to support labor market
"Policy may be loosely neutral or somewhat restrictive"
"We've Done a lot of the process of normalizing policy"
"Most of the inflationary pressure in economy is effect of tariffs and thats good things"
There is tension between inflation and unemployment, but "down-side risk has diminished", "Healthy development"
Jerome Powell has refused comment on the movements of the dollar, as well as an political involvement of the FED

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Economic reports

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