By Pranav Kashyap and Johann M Cherian
March 19, 2025 – 7:21 AM PDT
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(Reuters) – Wall Street’s main indexes rose on Wednesday ahead of the Federal Reserve’s widely anticipated monetary policy decision, at a time when worries linger about trade policies and their impact on the economy.
The central bank is expected to leave its benchmark overnight interest rate unchanged in the 4.25%-4.50% range, when it releases its policy statement at 2 p.m. ET (1800 GMT).
Traders see the Fed lowering borrowing costs by at least two 25-basis point cuts by December, with the first expected in July, according to data compiled by LSEG.
Focus will be on new economic projections from policymakers that will give an idea of how they feel U.S. President Donald Trump’s policies will affect economic growth, inflation and…
