Federal Reserve Holds Rates Steady in Jerome Powell's Final Meeting as Kevin Warsh Nomination Advances
Federal Reserve Interest Rate Policy·April 29 – April 29, 2026
5 hours ago
Federal Reserve Holds Rates Steady in Jerome Powell's Final Meeting as Kevin Warsh Nomination Advances
The Federal Open Market Committee voted to keep the benchmark interest rate between 3.5% and 3.75% on Wednesday Fed holds rates steady. This decision likely marks the final policy meeting for Chairman Jerome Powell before his term ends Powell's last meeting. Although the Fed kept rates the same, officials kept language in their statement that leaves the door open for future rate cuts future cuts possible. As the Fed met, the Senate Banking Committee moved forward with the nomination of Kevin Warsh to become the next chair Warsh nomination advances. The committee's vote to hold rates was not unanimous, as one governor pushed for a rate reduction governor dissents. The Fed cited economic uncertainty from global events as a reason for the cautious approach economic uncertainty.
Fed holds rates steady in Jerome Powell's last meeting as chairmanFed Closes Powell Era with Rates on Hold and Divide Over What Comes NextFed holds interest rates steady in what will likely be Powell's last meeting
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Fed holds rates steady in Jerome Powell's last meeting as chairman
Fed Closes Powell Era with Rates on Hold and Divide Over What Comes Next
Fed holds interest rates steady in what will likely be Powell's last meeting
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Fed likely to leave rates unchanged at what may be Powell's last meeting, as Warsh to advance - The Boston Globe
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