The first Federal Open Market Committee meeting of 2025 is here. The Federal Reserve's policymaking arm concludes its two-day meeting that began on Tuesday and delivers a decision on interest rates later today.

Federal Reserve chair Jerome Powell has started his speech at the FOMC press conference following the central bank’s decision to not cut interest rates for the second month in a row, ignoring Trump’s public call for one.

Fed's move to keep interest rates steady at 4.25-4.5% runs counter to Donald Trump’s view that he should have influence over Fed policy