AsianFin -- The Federal Reserve opted to leave its benchmark interest rate unchanged at Wednesday’s FOMC meeting, pointing to continued uncertainty surrounding the U.S. economic outlook.

The decision extends the central bank’s cautious, wait-and-see approach for 2025, as it gauges the broader impact of trade policies—including tariffs introduced under the Trump administration—on inflation and consumer spending. Despite lingering concerns over a potential slowdown, the Fed noted that overall economic growth remains stable.