The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.

The Federal Reserve is widely expected to keep interest rates unchanged on Wednesday for the fifth consecutive meeting, maintaining its benchmark rate in the range of 4.25% to 4.5%. The decision, which comes amid growing political pressure from President Trump and rising economic uncertainty from looming tariffs,

The Federal Reserve held interest rates steady on Wednesday in a split decision that gave little indication of when borrowing costs might be lowered and drew dissents from two of the U.S. central bank's governors,