Federal Reserve officials are anticipated to maintain interest rates during their meeting on Wednesday to evaluate the impact of President Donald Trump's policies on the economy, which is currently dealing with inflationary pressures and growth concerns. The uncertainty stemming from Trump's tariffs and trade tensions with US partners has affected consumer sentiment and inflation expectations. Given the unpredictable nature of these policies, policymakers are likely to adopt a cautious approach and avoid committing to a specific policy direction. The Fed is expected to leave its benchmark interest rate unchanged in the range of 4.25%-4.5%. While there may be adjustments to the post-meeting statement reflecting recent data indicating slower economic activity, references to an uncertain outlook and balanced risks will probably be maintained. The economic landscape has shifted since the last interest rate projections in December, with escalating tariff threats, concerns about growth prospects, and stock market declines. Considering the uncertainties surrounding Trump's policies, particularly regarding trade, more officials may lean towards keeping rates stable. In the December projections, Fed officials had anticipated two rate cuts for the year, and economists believe that the central bank may continue to indicate this in the upcoming projections.