The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year, though it said the outlook is more uncertain.

The Federal Reserve held interest rates steady on Wednesday, keeping its benchmark rate — known as the federal funds rate — at 4.25% to 4.5%, as was widely anticipated. This rate is what lenders use to set interest rates on credit cards, loans and auto financing.

Even though the central bank held rates steady at the last few meetings, average annual percentage rates have eased. The average credit card rate is down to 20.09%, from 20.27% at the start of the year, according to Bankrate. That is on the heels of the rate cuts that already went into effect.