Jerome Powell

Federal Reserve interest rate decision comments, January 28th, 2026

At minute mark 9 and a bit beyond: ““What do you think is driving the US currency lower? And have you been at all concerned just by the extent of the volatility we’ve seen this week? Thank you. “

>> So, Claire, as you probably know, you know, we we don’t comment on the dollar really. the administration, especially the Treasury Department, has the job of oversight over over the the currency and so and exchange rates and all that. We don’t comment on that. It’s not our not our role. Um, so I have nothing for you.”

Saying this as he is setting interest rates which will necessarily impact the value of the dollar which, in its physical form, carries the label: “Federal Reserve Note”