Business Rundown: The Fed’s “Wait And See” Approach

On Wednesday, the Federal Reserve said they’re holding off on any change in its benchmark interest rate. They want more clarity on how the economy is doing and where inflation is headed as President Trump doubles down on his promise for more tariffs coming in April. While Fed Chair Jerome Powell said the U.S. economy remains solid, he also expects the economy to grow more slowly this year and next. FOX Business’ Lydia Hu speaks with the President of Mahoney Asset Management, Ken Mahoney, to discuss how the markets are navigating the Fed’s latest decision, the President’s policies, and the other major business news this week.

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