Jerome Powell is getting ready to address the press. The Federal Reserve chair will speak at a news conference on Wednesday at 2:30 p.m. Eastern in Washington, D.C., at the central bank's headquarters.

Several flights to the Indonesian resort island of Bali were cancelled or delayed and the airport in Maumere in East Nusa Tenggara province was closed due to the eruption of Mount Lewotobi Laki-laki, officials said on Wednesday.

The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst.

The central bank is set to hold interest rates steady for its fourth straight meeting, a pause that could be extended through the summer.

Tariffs aren’t yet showing up in inflation data, but that doesn’t mean they won’t in the coming months, says Richard Clarida, a former Federal Reserve Vice Chair and now an economic adviser at Pimco

Investors have grown increasingly nervous over the possibility of a more direct U.S. military involvement as the Israel-Iran air war entered a sixth day, with President Donald Trump calling for Iran's unconditional surrender and warning U.S. patience was wearing thin.