Key Takeaways The looming trade war between the U.S. and its largest trading partners is making some officials at the Federal Reserve more cautious about moving interest rates.The Fed was already in "wait and see" mode,

Fed chair Jerome Powell said he has not talked with Trump since the president demanded last week “interest rates drop immediately.”

The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.

The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty over inflation and economic conditions.

The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that indicates inflation is cooling.

The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.

The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy economic outlook and uncertainty over whether some of President Donald Trump’s policies could stymie the fight against inflation.

President Donald Trump commended the Federal Reserve for its decision last week to leave interest rates unchanged. "Holding the rates at this point was the right thing to do," he told reporters. President Donald Trump approved the Federal Reserve for its decision last week to leave interest rates unchanged,

Donald Trump said Sunday the Federal Reserve was right to keep interest rates unchanged, a new comment that comes as Fed watchers gauge the effect the president's new tariff plans will have on monetary policy.