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

Federal Reserve holds steady on interest level but vote saw a pair of dissenting votes for the first time in decades

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,