Federal Reserve Chair Jerome Powell is scheduled to speak at 11:25 a.m. about the state of the economy. Of interest: How are folks on Wall Street reacting to Trump's tariffs? Uncertainty ...

Powell's emphasis on controlling inflation suggests the Fed is likely to hold its benchmark interest rate at around 4.3 percent.

In March, the Fed voted to hold its benchmark interest rate steady while noting the issues over trade policy. Other Fed officials in recent days have expressed support for staying in a holding pattern ...