Federal Reserve March Policy Meeting—Key Takeaways

Tariffs, inflation, and recession were the central themes of the March policy meeting.

Federal Reserve Chairman Jerome Powell delivers remarks at a news conference at the Federal Reserve in Washington on March 19, 2025. Kevin Dietsch/Getty Images

The Federal Reserve concluded its two-day policy meeting on March 19, leaving interest rates unchanged for the second straight time.

For investors, the decision to keep the policy rate unchanged between 4.25 percent and 4.5 percent was widely expected.