Federal Reserve Holds Firm on Interest Rates Amid Economic Uncertainty

The Federal Reserve's Federal Open Market Committee (FOMC) began its two-day meeting today, with analysts predicting no immediate changes to interest rates. Despite weaker economic data in recent months, the Fed is expected to maintain its cautious approach due to global uncertainties.  

Chair Jerome Powell has emphasized the importance of monitoring inflation and employment trends before making any adjustments. February's Consumer Price Index (CPI) and Producer Price Index (PPI) showed a declining trend, but concerns about tariffs and trade policies continue to weigh on the economy.  

The Fed's decision, along with its updated economic projections, will be announced tomorrow. Investors are particularly interested in the "dot plot," which outlines policymakers' expectations for future rate changes.