Cloudy with a chance of showers? All eyes on Fed's economic forecast today

The Federal Reserve is expected to hold interest rates steady Wednesday. Members of the central bank's rate-setting committee will telegraph their plans for possible rate cuts later this year.

Cloudy with a chance of showers? All eyes on Fed's economic forecast today
Federal Reserve Chair Jerome Powell and his colleagues are expected to hold interest rates steady Wednesday, as they wait to see how President Trump

The Federal Reserve is expected to hold interest rates steady Wednesday. Members of the central bank's rate-setting committee will telegraph their plans for possible rate cuts later this year.

(Image credit: Chip Somodevilla)