The Federal Reserve has decided to keep interest rates steady as it assesses the impact of Donald Trump’s sweeping tariffs on inflation and the economy, despite the US President's repeated calls for a rate cut.

The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need to be in a hurry. We think we can

The US Federal Reserve on Wednesday announced another rate cut pause and warned of higher risks to its inflation and unemployment goals in a likely reference to President Donald Trump's tariffs Policymakers voted unanimously to hold the US central bank's key lending rate at between 4.