Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.

The Fed will likely pause its rate cuts this week. After that, uncertainty over Trump's tariff, immigration plans make forecasting rates a dice roll.

President Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends Wednesday.

With healthy hiring and some progress on inflation, Fed official have said that the pace of rate cuts will slow this year.

The Fed’s decision on Wednesday is the first following Trump’s return to office, which has been marked by a flurry of executive orders as the US president seeks to impose his agenda on Washington. Analysts say that Fed chair Jay Powell will have to resist White House pressure if he is to retain the confidence of markets and avoid unleashing a new wave of inflation.

Federal Reserve officials are expected to leave interest rates steady this week, giving themselves more time to lower inflation and to assess how President Donald Trump’s policies will affect the economy.

After three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it will remain on pause until the data

The FOMC will announce its rate decision at 2 p.m. Eastern time and release its updated Summary of Economic Projections then, too. Fed Chair Jerome Powell will hold a press confer