The Federal Reserve concluded its second meeting of the year by keeping the federal funds rate (FFR) at 4.25-4.50%, as expected. Recent indicators suggest that economic activity has continued to ...

the panel announced it would keep the target federal funds rate—the level at which banks can loan to one another, which heavily influences borrowing costs across the economy—the same at 4.25% ...

Even so, the federal funds rate remains the highest since 2007, according to a Bankrate analysis of historic Fed moves. The big question is when the Fed could get back to cutting interest rates.