The Federal Reserve is widely expected leave its benchmark interest rate steady this week, but economists and market participants will be keeping a close eye on what Fed officials say about the state of the economy and the outlook for rates.

After 14 months of stagnancy, the Federal Open Market Committee (FOMC ... move the needle after its upcoming Jan. 29 meeting. The CME Group's FedWatch tool tracks the likelihood of target rate ...

At the Federal Reserve’s first meeting in 2025, consumers are going to want what Fed Chair Jerome Powell simply can’t give them: An answer to how much longer interest rates are going to stay high.

“I’ll demand that interest rates drop immediately,” Trump said during a virtual address at the World Economic Forum in Davos, Switzerland on Jan. 23. He later vowed to “put in a strong statement” with the Fed on the topic, confirming he expected that officials would listen.

Follow live coverage of the January FOMC meeting, interest-rate announcement, and Fed chairman Jerome Powell's press conference.

The rate-setting Federal Reserve did not heed Trump’s insistence last week demanding “interest rates drop immediately.”

But the president should not hold his breath. According to the CME Group's Fed Watch Tool, there is almost no chance of a rate cut. According to the CME Group's FedWatch tool this week, the Fed will hold its key federal funds rate at 4.25% to 4.5%, a level set in December. There may not be a rate cut until June.

The Federal Open Market Committee (FOMC ... with interest rates expected to fall to around 3.9% by December, according to CME Group data. The US economy continued to expand at a steady pace ...

Since the FOMC is responsible for setting interest rate policy at the Fed, Wall Street watches each SEP very closely. In the September SEP, the FOMC forecast five potential interest rate cuts in 2025, but that forecast was reduced to just two cuts in the December SEP.