Markets are struggling to look through uncertain trade policy under President Donald Trump, with investors now turning to the Federal Reserve for some sense of how tariffs may be altering the path of monetary policy.

The Federal Reserve is widely expected to hold interest rates steady Wednesday as policymakers stay cautious amid the uncertainty of President Trump’s economic policies.

S&P 500 stays on edge as traders await Powell’s remarks. Will the Fed’s inflation stance delay rate cuts and fuel market volatility?

The Fed is expected to hold off on hiking or cutting rates this month. However, if the US economy continues to decline, the central bank will likely need to step in with a rate cut to encourage economic activity.

Recent data and comments from administration officials themselves suggest the U.S. economy may be at a turning point.

The Federal Reserve is expected to keep interest rates steady Wednesday despite growing concerns about the strength of the U.S. economy. Measures of economic confidence spanning consumers,