The Federal Reserve is likely to resume cutting interest rates in June and could reduce short-term borrowing costs again in September.

No change in interest rates is expected when the Federal Open Market Committee is scheduled to set rates again on March 19.

Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.

The market’s expectations for the Federal Reserve’s next move on interest rates held steady after the publication of minutes from the Federal Open Market Committee's January meeting. Traders are still expecting an extended pause on rate cuts with the next quarter-point reduction coming in July,

Mounting economic uncertainty is fueling speculation that the Federal Reserve may be compelled to resume cutting interest rates sooner than previously anticipated. Traders are increasingly betting on a June rate cut,