Federal Reserve Chair Jerome Powell pauses while speaking during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on Jan. 28, 2026 in Washington, DC. As expected, the U.S. Federal Reserve left its key interest rate steady in a range between 3.5%-3.75%. For the most part, the meeting and press conference focused on the U.S. economy and labor market — which, encouragingly, the Fed thinks have improved since the last meeting. "That case is perhaps the most important legal case in the Fed's 113-year history," Powell said Wednesday during his post-Fed meeting press conference. With Apple next in line to report earnings, investors have plenty, still, to monitor.