#FOMCMeeting The Federal Reserve’s meeting deciding whether or not to lower interest rates this month kicked off Tuesday, and though it’s highly unlikely the summit will produce the rate cuts President Donald Trump has aggressively pushed for, it will reveal how the U.S.’ top monetary policymakers are approaching the U.S. economy as tariffs play out.

The Federal Open Markets Committee, the 12-person committee that most crucially sets the target federal funds rate baseline for borrowing throughout the U.S. economy, will hold a regularly scheduled meeting Tuesday and Wednesday.

The central bank will reveal at 2 p.m. EDT Wednesday whether it decided to change interest rates, to be followed by Fed Chairman Jerome Powell’s press conference.

Wall Street considers it a near certainty the Fed will opt to keep rates at the 4.25% to 4.5% range they’ve stood since December.