Policymakers at the Federal Reserve voted on Wednesday to hold interest rates steady for now, while they wait to see how President Trump's trade war plays out in the U.S. economy.
The Federal Reserve on Wednesday remained in a holding pattern on interest rates, while warning about more uncertainty in the economic outlook and higher risks of unemployment and inflation in the new high-tariff U.S. economy.
The Federal Reserve will likely hold interest rates steady Wednesday as President Trump's tariffs threaten to raise prices and drag down economic growth.