Federal Reserve holds interest rates steady

The central bank said there was uncertainty when it came to the economy.

Published: March 19, 2025 2:16pm

Updated: March 19, 2025 2:36pm

The Federal Reserve on Wednesday kept interest rates at the target range of 4.25% to 4.5%.

However, policymakers predicted there would be two cut rates coming later, according to CNBC News.

The central bank said there was uncertainty when it came to the economy.

This announcement comes less than two weeks after Fed Chairman Jerome Powell stated that tariffs would likely increase prices, but Trump's economic policies are still getting in place.

 

The Facts Inside Our Reporter's Notebook

Just the News Spotlight

Support Just the News