Tonight's interest rate decision is expected to "hold steady" again, as Federal Reserve officials patiently wait for the economic "fog" to clear.

According to the Securities Times APP, Federal Reserve officials generally expect to maintain interest rates unchanged for the fourth consecutive meeting at the interest rate decision on Wednesday Eastern Time and reiterated the need to have a clearer understanding of the impact of a series of government policy adjustments on the economy before adjusting borrowing costs. Policymakers had warned earlier that President Donald Trump's tariffs might raise inflation and unemployment rates, but so far, steady job growth and cooling inflation have allowed Federal Reserve officials to keep interest rates unchanged this year.