Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions.

At the moment, Powell said, there’s too much uncertainty ... “The combination of the two-sided risk assessment and the ...

European shares closed higher on Thursday as investors assessed GDP data from the eurozone and UK along with comments from US Federal Reserve chair Jerome Powell.

Watch Powell’s remarks in our player ... “The combination of the two-sided risk assessment and the characterization of the economy as solid suggest the Committee is not looking to tee up ...

For now, most economic data remains strong, even as Powell acknowledged that consumer ... “and then we'll be able to make a better assessment of what the appropriate path for monetary policy ...

Risks of higher unemployment and higher inflation have risen, according to the Federal Reserve. Those factors may prompt ...