Federal Reserve Chair Jerome Powell speaks at a news conference following the Federal Open Market Committee (FOMC) meeting in Washington, on Oct. 29, 2025. Madalina Kilroy/The Epoch TimesThe Federal Reserve opened its two-day policy meeting on Mar. 17, and Wall Street overwhelmingly expects the central bank to leave interest rates unchanged.At the January meeting of the policy-making Federal Open Market Committee, Fed officials left the benchmark federal funds rate—a policy rate that influences borrowing costs for businesses and households—unchanged at a range of 3.50–3.75 percent.
Fed Opens March Policy Meeting With Iran Conflict Clouding the Outlook
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