Washington, D.C. – The Federal Reserve is widely expected to maintain its current interest rate for the second consecutive meeting, as officials navigate concerns over U.S. economic growth and potential tariff policies proposed by former President Donald Trump. Following its March policy meeting, the central bank will release an updated Summary of Economic Projections (SEP), which could offer key insights into future monetary policy decisions. While the decision to hold rates steady is anticipated, investors will closely analyze Fed Chair Jerome Powell’s remarks and any revisions to economic forecasts. Market sentiment, reflected in the CME FedWatch Tool, indicates that traders see virtually no chance of a rate cut in March and only a 30% probability of a 25-basis-point reduction in May. In December, Fed officials projected a 50-basis-point rate cut in 2025, with expectations of 2.1% GDP growth and 2.5% inflation by year-end. Economic Calendar on 19-20/03/2025                                 Analysts at TD Securities pre dict Powell will emphasize a cautious approach, stressing patience in response to persistent inflation and a stable labor market. “We do not anticipate major changes to the Fed’s SEP or its quantitative tightening plans at this time,” they noted. The Federal Open Market Committee (FOMC) press conference, led by Powell, will provide further clarity on the Fed’s stance. While his prepared statement will set the tone, unscripted responses to media questions could trigger market volatility, as investors seek hints on the future direction of interest rates. The Fed holds eight policy meetings annually, each followed by a press briefing that offers critical insights into the central bank’s economic outlook.