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The decision comes as Trump ramps up political and economic interventions, signing a wave of executive orders on trade, immigration, and deregulation.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty over inflation and economic conditions.
The Federal Reserve meets for its second two-day rate-setting session of 2025 on Tuesday, March 18, and Wednesday, March 19, 2025. At the end of its Federal Open Market Committee session on ...
Federal Reserve policymakers voted Wednesday to hold interest rates steady in its first rate decision of the year.
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates.
The Federal Reserve defied President Donald Trump 's calls for interest rate cuts and kept a key lending rate steady on Wednesday. Fed Chairman Jerson Powell and the rate-setting Federal Open Market Committee voted to keep its key lending rate between 4.25 and 4.50 percent.