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.
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The Fed is expected to leave interest rates unchanged Wednesday, choosing caution as President Trump's trade upheaval rattles markets and clouds the outlook for inflation and growth.
Trump is set to announce his first trade deal since his tariffs sent markets reeling NPRTrump to Announce Trade Agreement With Britain WSJNew US-UK trade deal expected to be announced by Donald Trump The IndependentUS and UK expected to announce deal to reduce tariffs today BBCAsian Stocks Start Cautiously After Fed Holds Rate: Markets Wrap Bloomberg
The Federal Reserve will likely hold interest rates steady Wednesday as President Trump's tariffs threaten to raise prices and drag down economic growth.
