Fed Holds Rates Steady Amid 2026 Trade Tensions, Sending Ripples Through Global Borrowing Costs Fed Holds Rates Steady Amid 2026 Trade Tensions, Sending Ripples Through Global Borrowing Costs In March 2026, the US Federal Reserve surprised markets by holding its benchmark interest rate at 4.25 per cent despite fresh US-China tariff escalations that threatened to push inflation higher. The...