With The Federal Reserve's policy stance significantly less restrictive and the economy remaining strong, the central bank isn't in a hurry to adjust its stance, Federal Reserve Chair Jerome Powell said Wednesday at the post-decision press conference.

The best indicator of monetary policy’s impact on the broader economy is what you see when “looking out the window,” Federal Reserve Chairman Jerome Powell told a room full of reporters following the Federal Open Market Committee’s (FOMC) January 28-29 meeting.