Federal Reserve officials held interest rates steady for a third-straight meeting and emphasized they see a growing risk of both higher inflation and

The Federal Reserve held interest rates steady on Wednesday but said the risks of both higher inflation and unemployment had risen, further clouding the economic outlook as the U.S. central bank grapples with the impact of Trump administration tariff policies.

The Federal Reserve could keep its key rate unchanged for several more months as it evaluates the impact of President Donald Trump's widespread tariffs on hiring and inflation, some economists say, even as the White House pushes for a rate cut.