The Federal Reserve kept its key rate unchanged Wednesday as it waits for additional information on how tariffs and other potential disruptions will affect the economy this year.

The Federal Reserve held interest rates steady again Wednesday as officials continue to wait for the fallout of President Donald Trump’s sweeping policy changes and tensions in the Middle East.

Square provides information on the ins and outs of what tariffs are, their potential impact on small businesses, and how to work around economic uncertainty.

Price changes have been minimal. The cost of food, shelter and medical care ticked up slightly in May, but the prices for energy and apparel dropped. Bigger increases were seen in the cost of audio equipment and major appliances, but overall, the impact of tariffs for most goods has yet to materialize.

The Central Bank has warned about the effects of global uncertainty caused by US tariffs and its potential impact on the Irish economy.

U.S. stocks drifted to a mixed finish after the Federal Reserve indicated it may cut interest rates twice this year, though it’s far from certain about that.

The Fed is holding firm on interest rates as it waits to see the impact of Trump's tariffs. However, some people are already feeling them.

Fed Chair Jerome Powell is engaged in a balancing act: projecting confidence while admitting “we don’t know” what comes next.