US Fed Meet Live: US Fed interest rate cut in 2024The current federal funds rate has sat at a range of 4.25% to 4.50% since the beginning of 2025. Powell has kept the rates steady for four straight policy meetings. The central bank last cut interest rates on Dec. 18, 2024, by 25 basis points. The Fed's total rate cut size in 2024 was one full percentage point.US Fed Meet Live: US inflation in focus over tariff jittersMost Wall Street analysts believe that the tariff pressure has not yet translated into US inflation; however, they have warned that once the deals kick in from August, inflation in the US will increase and may stay elevated in the near term.In its last meeting held in June, the Fed revised its inflation forecast, citing upside cost risks due to US tariffs. As per the latest estimates, the Fed eyes US inflation at 3.1% by the end of the year, above the current level.US Fed Meet Live: FOMC to deliver fifth policy verdict for 2025 todayThis is the fifth policy verdict by the US Fed Chair Jerome Powell-led Federal Open Market Committee (FOMC) for 2025 and comes just before the Aug. 1 deadline when US tariff rates will be implemented for most nations.US Fed Meet Live: Analysts Expect Steady Interest RateHello and welcome to NDTV Profit's coverage on the US Federal Reserve's monetary policy decision. This development follows a two-day review meeting to deliberate on the central bank's benchmark interest rate verdict and the state of the US economy.Wall Street analysts broadly expect the US central bank to hold the key interest rate steady at 4.25%-4.50% again as policymakers stand firm on assessing the evolving US economic data, especially amid the global tariff jitters.. Read more on Economy & Finance by NDTV Profit.