Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.

The decision last month to leave the benchmark federal-funds rate at its current level around 4.3% followed rate cuts at three consecutive meetings—beginning in September, when

According to recently released minutes of the 28-29 January meeting, officials said President Trump's proposed tariffs and mass deportations of migrants, as well as strong consumer spending, were factors that could push inflation higher this year.