Federal Reserve Chair Jerome Powell made it clear that he is not jumping to adjust interest rates while his archenemy, President Donald Trump, pushes through aggressive economic policies. Speaking Friday at the US Monetary Policy Forum in New York,

With markets nervous over Trump's proposals for tariffs and other issues, Powell reiterated statements he and his colleagues have made recently counseling patience on monetary pol

Powell spoke at a volatile time, with stock markets and bond yields both declining in the wake of Trump's whipsaw announcements of steep tariffs.