FOMC Press Conference, January 28, 2026

Federal Reserve System · January 28, 2026

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Federal Reserve education and system overview — Ian

Presentation

0:43 → 19:43(18m 60s)

Ian (Federal Reserve Education program) explained the structure of the Federal Reserve System: the Board of Governors, 12 regional Federal Reserve Banks, and the Federal Open Market Committee; described core functions (bank supervision, payments, Treasury services) and pointed educators to free classroom resources at federalreserveeducation.org.

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Federal Reserve Chair Jerome Powell held a press conference after the Federal Open Market Committee decided to hold the federal funds target range at 3.5%–3.75%. He reviewed economic data (inflation, labor market, tariffs) and answered reporters' questions about the Fed's independence, the effects of tariffs and AI, and his attendance at a Supreme Court hearing.

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Transcript

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