US Fed begins two-day meeting but no action expected

The US Federal Reserve began its two-day monetary policy meeting on Tuesday but observers expect there will be no change in interest rates amid the current economic and political uncertainty. Central bankers have been cautious about raising rates too quickly, and likely will tread cautiously as the Trump administration continues to send shock waves around the world, threatening to cancel trade pacts and impose new tariffs, criticizing trade partners and promising economic stimulus and slashed re