U.S. Fed Keeps Rates On Hold As Trade Tensions Take Centre Stage

2025-03-20 12:30:00 ET

Summary

• Why tariff uncertainty is creating a challenge for the Fed.
• Will the Fed still cut two more times this year, as expected?
• Weighing the risk of stagflation in the US economy.

In a closely followed but widely expected decision, the U.S. Federal Reserve kept its key interest rate on hold at 4.5%. Sam Chai, Vice President, Active Fixed Income Portfolio Management at TD Asset Management, discusses the decision, the current climate of economic uncertainty and what to expect going forward....

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