Federal Reserve Chairman Jerome Powell is holding a press conference. He is set to begin speaking at 2:30 p.m. FOUR POLICIES TRUMP IS LOOKING AT IN DECIDING RECIPROCAL APRIL 2 TARIFFS Powell is expected to announce the Fed's intention to keep interest rates steady despite some economic uncertainty on the horizon.

The US Federal Reserve has kept interest rates unchanged at 4.25 per cent - 4.50 per cent. This was the second policy meeting of the Federal Open Market Committee (FOMC) this year and since Donald Trump took over the reins as the President of the United States of America (USA) in January.