Federal Reserve officials Interest rates held In a target interval of 4.25% to 4.5% after the end of the Federal Open Market Committee meeting (FOMC) on Wednesday.

The range has been the same since December when the Fed lowered the rates by 25 base points or 0.25%, but the Fed indicated that lowering at the rate could occur later during the year.

“We will adjust as we go,” said the chairman of the Federal Reserve Jerome Powell at a press conference on Wednesday after the decision. He noted that the Fed does not need to rush to make policy adjustments and “is well positioned to expect clarity” in President Donald Trump's economic plans, including tariffs.

“Everyone is predicting a fee inflation effect,” Powell said at the press conference. “We will have to wait and see all this.”

The measure to keep the steady rates was expected. Elyse Ausenbough, Head of Investment Strategy in JP Morgan's wealth managementtold entrepreneur In a statement by email that the lack of change in the rate was “startling”.

“I continue to admire the Fed's patience as we all expect further clarity on the effects of commercial policy food now, but I think investors will want the clearer direction from FOMC meetings ahead,” Ausenbaugh said.

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Meanwhile, Melissa CohnThe regional vice president of William Raveis Mortgage and a 43-year-old Mortgage Industry Veteran told him, he said entrepreneur In a special statement by email that if the higher fees and inflation occur, the next rate cuts would not be possible.

“What happens in the economy in the next three months will be the promoter of moving the next norm by the FED,” she said.

^{Chairman of the Federal Reserve Jerome Powell. Photo by Kevin Dietsch/Getty Images}

Wednesday -fed policymakers also predicted higher unemployment and less economical growth this year than those in December. By Fox BusinessPolicymakers predicted that brutal domestic domestic product (GDP) would increase by 1.7% by the end of the year, from a 2.1% forecast in December. They also provided an unemployment rate of 4.4% in December, from a previous forecast of 4.3%.

The rate of unemployment was 4.1% and the inflation was in 2.8% in Februaryaccording to the latest federal data. The goal of the Fed is to maintain low prices and promote full employment.

Fed also held stable rates in January after three preliminary cuts in September, NovemberAND December.