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The Fed is set to make its next rate decision on Wednesday. Here's what to expect.

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88% Informative

The Federal Reserve Bank is expected to hold its benchmark interest rate steady at its meeting on Wednesday .

The Fed has held off on cutting rates since President Trump took office.

The last time the Fed made a reduction was in December 2024 , when it slashed rates by 0.25 percentage points.

If the Fed holds steady, Americans can expect credit card rates to remain high.

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formal

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English

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43

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