The Federal Reserve is likely to hold interest rates steady later on Wednesday amid fears that President Trump's tariffs will rekindle inflation and slow economic growth. The decision to keep the Fed's benchmark borrowing rate between 4.25% and 4.5% is widely expected by financial markets despite the president's repeated demands for the Fed to lower interest rates. Since the central bank's last rate-setting meeting in March, Trump has imposed 10% tariffs on nearly everything the U.S. imports, along with 145% import taxes on goods from China. On average, Americans are now paying higher taxes on imported products than ... (full story)