Interest rates remain unchanged, Fed says

The Federal Reserve announced it is leaving interest rates unchanged. Fed Chair, Jerome Powell, provided an economic update following the close of its March meeting.

What is stagflation? Why the Fed is facing tough decisions this week

As the Federal Reserve meets this week, officials are facing growing concerns about stagflation—a mix of high inflation and a slowing economy. With interest rate cuts expected, the Fed must navigate uncertainty about rising prices, tariffs, and consumer confidence.