The Federal Reserve left interest rates unchanged, despite relentless attacks from President Trump, who wants borrowing costs to be much lower.

The Federal Reserve’s current policy stance on interest rates leaves the central bank well positioned to determine the extent and timing of additional rate adjustments based on incoming data, Philip Jefferson said.

As the Federal Reserve decides its federal funds rate, here’s how it ripples through the economy and influences your finances.

OTTAWA — The Bank of Canada held its benchmark interest rate steady Wednesday and forecasts a gradual economic recovery from the U.S. tariff shock.