As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to 4.5%.

Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.

The Federal Reserve on Wednesday held its interest rate target steady, defying a pressure campaign by President Donald Trump to lower rates. After a two-day meeting of its monetary policy committee in Washington,