The Federal Reserve holds its benchmark interest rate at 3.50% to 3.75% after the Federal Open Market Committee ended a two-day meeting, and Chair Kevin Warsh declines to signal an immediate policy change.Three Federal Reserve officials argue for higher rates and analysts warn that inflation is about 3.5%, while officials point to rising energy costs tied to the Iran war and pressures from the artificial intelligence sector.The pause is the fifth straight since the cut last December, and policymakers say they will tighten if inflation accelerates despite President
Donald Trump’s calls for lower rates.