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Federal Reserve holds interest rates steady as Trump's tariffs spark uncertainty

Policymakers at the Federal Reserve voted on Wednesday to hold interest rates steady for now, while they wait to see how President Trump's trade war plays out in the U.S. economy.

Copyright 2025 NPR

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Leila Fadel is a national correspondent for NPR based in Los Angeles, covering issues of culture, diversity, and race.
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