The Federal Reserve said Wednesday it is holding its benchmark interest rate steady, marking a continuation of its "wait-and-see" approach as it assesses the impact of the Trump administration's economic policies.

The Federal Reserve sets the benchmark interest rate for all other borrowing rates in the U.S. economy. This is known as the federal funds rate. Right now, the federal funds rate

If it ain't broke, don't fix it. The central bank yet again opted to keep interest rates steady Wednesday as policymakers wait for economic uncertainty to clear. At the conclusion of a two-day policy meeting,