This episode is sponsored by Northern Trust Wealth Management.

There is more to being a successful entrepreneur than just good business practices.

What is it about an entrepreneur's childhood that helped fuel their entrepreneurial spirit?

What are entrepreneurs doing to cultivate the spirit in their own children and build a legacy beyond their business?

Tune in each month to the Road to Why podcast by the Northern Trust Institute, where

host Eric Chappaya dives deeper with leading entrepreneurs on these topics and more.

Find the Road to Why where you listen to your favorite podcasts.

The Fed holds rate steady as it dims the economic outlook.

Plus, Chinese leader Xi Jinping is angry

about a deal for the control of two Panama Canal ports that Trump counts as a win.

She originally planned to use the issues over Chinese interests in the Panama Canal as a bargaining

trip in negotiations with the Trump administration.

But the deal basically pulled rock out from under him even before any negotiations started.

And Columbia University is getting close to yielding to President Trump's demands in an effort to regain its federal funding.

It's Wednesday, March 19th. I'm Alex Oscella for the Wall Street Journal.

This is the PM edition of What's News, the top headlines and business stories that move the world today.

The Federal Reserve extended its weight and sea posture on interest rates

while marking up its forecasts for inflation and revising down its outlook for growth this year.

At its policy meeting today, the central bank held steady its benchmark federal funds rate at around 4.3%,

as the Fed assesses how policy changes by the Trump administration could reshape the economic outlook.

In his comments after the meeting, Fed Chair Jerome Powell said that progress on inflation could be

delayed this year. Growth looks like it's maybe moderating a bit, consumer spending moderating a bit,

...