The Federal Reserve Board will announce its decision on interest rates following the conclusion of its two-day meeting.

<div class="block">The Federal Reserve Board will announce its decision on interest rates following the conclusion of its two-day meeting.</div>

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Fed to Announce Latest Interest Rate Decision Wednesday

While the Federal Reserve Board will announce its decision on interest rates this afternoon following the conclusion of its two day meeting, economists expect the fed to hold rates steady just as it did at its previous meeting in December. The fed's target interest rate currently ranges from five and a quarter percent to 5.5%. Well, the FED has raised rates 11 times since March of last year and is working to bring down inflation.