Federal Reserve Chairman Jerome Powell issued his strongest statement yet Wednesday that the central bank has changed its outlook regarding interest rate hikes.

"The case for raising rates has weakened somewhat," Powell said during a news conference following this week's two-day Federal Open Market Committee meeting.

https://www.cnbc.com/2019/01/30/fed-chair-jerome-powell-says-the-case-for-raising-interest-rates-has-weakened.html

https://youtu.be/GfsyZJh1qXs

Presd conference starts at 1:20