US Federal Reseve to announce policy decision today. Key things to watch out for

Fed expected to hold rates steady for a fourth straight meeting.

Officials seek more clarity on policy impacts before adjusting rates.

Trump’s tariffs seen as potential inflation and job risks.

Steady hiring, cooling inflation have supported current rate stance.

Markets eye new forecasts, especially the Fed’s dot plot.

Possible rate outlook: two cuts likely, but some expect just one.

Decision at 2 p.m. ET, with Powell’s press conference at 2:30 p.m.