New Delhi, June 18 -- As the US Federal Reserve gears up for its latest policy announcements, economists and market experts believe that the central bank is likely to keep interest rates unchanged, while keeping the door open for future rate cuts later this year.

The federal funds rate currently stands in the range of 4.25 per cent to 4.50 per cent, and the Fed has consistently signalled caution in changing its stance amidst global uncertainty and domestic fiscal challenges.

Sonal Badhan, Economics Specialist at Bank of Baroda, told ANI, "We expect Fed to keep rates unchanged as it has guided on multiple occasions that the central bank will keep a watchful eye on impact of tariffs and its impact on inflation before cutting rates. We exp...