US Federal Reserve officials are expected to maintain interest rates steady during their Wednesday meeting, as they assess the impact of President Donald Trump’s policies on an economy facing high inflation and growth concerns. The meeting comes amid uncertainty sparked by fresh tariffs imposed by the Trump administration, which have led to a decline in consumer sentiment.
The ongoing trade war with US trade partners has raised fears about future inflation, making it challenging to predict its long-term effects. Some of the recently announced tariffs have already been postponed, but their overall impact on the economy remains unclear. The Fed’s decision will provide crucial insight into how Trump’s policies are shaping the economy and inform their policy decisions moving forward.
Source: https://www.bloomberg.com/news/articles/2025-03-18/powell-fed-set-to-hold-rates-update-us-jobs-inflation-forecast