Central Banks
Fed to Hold Rates Steady Again as Officials Wait for More Clarity on Economy
Jerome Powell will speak Wednesday following the Federal Reserve’s rate decision.
Photographer: Tierney L. Cross/BloombergTakeaways by Bloomberg AI
Federal Reserve officials are widely expected to leave interest rates unchanged for a fourth straight meeting on Wednesday, reiterating they want more clarity on the economic impact of a wide array of government policy changes before adjusting borrowing costs.
Policymakers have warned President Donald Trump’s tariffs could boost inflation and unemployment, but so far, steady hiring and cooling inflation have allowed Fed officials to keep rates unchanged this year.