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 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,

The Fed kept rates at 4.25% to 4.5% despite President Donald Trump’s push for cuts and rising inflation from tariffs.