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Fed Holds Interest Rates Steady at Powell's Final Meeting as Chair

The Federal Reserve, in its final meeting chaired by Jerome Powell, voted to keep interest rates unchanged, citing elevated inflation and geopolitical uncertainties. This decision marks the end of Powell's tenure as Fed Chair.

29 Apr, 17:30 — 30 Apr, 00:12
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The Story

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17 sources33/33
Spectrum spread3/5 buckets covered17/33
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Left (5)
BBCle-mondecnbciefimeridadr-dk
Center6
Center (6)
Korea HeraldFTbloombergReutersforbesexpress-tribune
Right6
Right (6)
wsjrzeczpospolitaseeking-alphahindustan-timesberlingskela-vanguardia
Far R
Geographic diversity11 regions34/34
US5UK2Denmark2South Korea1France1Poland1Greece1Intl1India1Spain1Pakistan1

Sources

Showing 11 of 17 sources
BBCHigh2h ago

Interest rates expected to be held as uncertainty over Iran war continues

Future base rate changes are hard to predict as analysts judge the economic impact of the Iran war.

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bloombergHigh4h ago

Bessent Says Powell Staying On Is ‘Violation’ of All Fed Norms - Bloomberg.com

Bessent Says Powell Staying On Is ‘Violation’ of All Fed Norms  Bloomberg.com

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wsjHigh2h ago

Powell to Remain on Fed Board, Citing Legal Pressure From Trump - WSJ

Powell to Remain on Fed Board, Citing Legal Pressure From Trump  WSJ

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FTVery High3h ago

Jay Powell vows to remain on Fed board as he warns over Trump’s attacks

Central bank chief says he will continue as a governor even after Kevin Warsh succeeds him as chair

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le-mondeHigh3h ago

Jerome Powell's final run at the helm of the Fed

The chair of the US Federal Reserve has presided over his last monetary policy meeting before his term ends in mid-May. But according to the institution's statutes, Powell may remain on the board until 2028.

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cnbcMostly Factual3h ago

Warsh hints at a new reading of the Fed's power over swap lines amid UAE discussion

Fed chair nominee Kevin Warsh responded to Senate Banking about swap lines by saying the Fed isn't fully independent in matters of international finance.

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forbes7h ago

Fed Holds Interest Rates Steady In Powell’s Last Meeting—With Most Dissenting Votes Since 1992 - Forbes

Fed Holds Interest Rates Steady In Powell’s Last Meeting—With Most Dissenting Votes Since 1992  Forbes

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hindustan-timesMostly Factual6h ago

In Jerome Powell's last words as Fed Chair a key message for Kevin Warsh and Trump

Jerome Powell used what is likely his final press conference as Federal Reserve chair to send a direct message to Donald Trump, and incoming nominee Kevin Warsh

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Korea HeraldMostly Factual1h ago

Fed holds rates steady, cites 'elevated' inflation, 'high level' uncertainty from Middle East war

The US Federal Reserve on Wednesday held its benchmark interest rate steady for the third consecutive time, citing "elevated" inflation and a "high level" of economic uncertainty stemming from the ongoing Middle East conflict. The central bank decided to leave the rate unchanged at the 3.5-3.75 percent range during the two-day Federal Open Market Committee meeting, which was likely to be the last rate-setting meeting under Chair Jerome Powell as his chairmanship is set to expire on May 15. Durin

By The Korea Herald

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seeking-alphaMixed5h ago

Kevin Warsh to be Fed's 'chairman rather than chief' - JPMorgan's David Kelly

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express-tribuneMostly Factual7h ago

Fed holds rates steady amid sharp divide

Leaves benchmark overnight interest rate in 3.50%-3.75% range, cites inflation concerns

By reuters

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Coverage Timeline

First report: express-tribune · 29 Apr, 17:30Full coverage: 17 · 7hWindow: 7h
Left-leaningCenterRight-leaning
express-tribune29 Apr, 17:30First to report

Fed holds rates steady amid sharp divide

la-vanguardia29 Apr, 18:02

La Fed deja igual los tipos de interés en la última reunión prevista con Powell al frente

berlingske29 Apr, 18:03

Trump bliver igen afvist – nu er en epoke i USA forbi

forbes29 Apr, 18:07

Fed Holds Interest Rates Steady In Powell’s Last Meeting—With Most Dissenting Votes Since 1992 - Forbes

dr-dk29 Apr, 18:53

USA's centralbank fastholder renten efter stigning i olieprisen

hindustan-times29 Apr, 18:58

In Jerome Powell's last words as Fed Chair a key message for Kevin Warsh and Trump

Reuters29 Apr, 19:35

US economy 'quite resilient', should keep growing above 2%, Fed's Powell says - Reuters

iefimerida29 Apr, 19:51

Η Fed διατήρησε αμετάβλητα τα επιτόκια στην τελευταία συνεδρίαση υπό την προεδρία του Πάουελ

seeking-alpha29 Apr, 19:54

Kevin Warsh to be Fed's 'chairman rather than chief' - JPMorgan's David Kelly

1h later
bloomberg29 Apr, 21:06

Bessent Says Powell Staying On Is ‘Violation’ of All Fed Norms - Bloomberg.com

rzeczpospolita29 Apr, 21:06

Jerome Powell kończy kadencję w cieniu sporów. Fed nie rusza stóp

cnbc29 Apr, 21:26

Warsh hints at a new reading of the Fed's power over swap lines amid UAE discussion

FT29 Apr, 21:28

Jay Powell vows to remain on Fed board as he warns over Trump’s attacks

le-monde29 Apr, 21:32

Jerome Powell's final run at the helm of the Fed

wsj29 Apr, 22:23

Powell to Remain on Fed Board, Citing Legal Pressure From Trump - WSJ

BBC29 Apr, 23:01

Interest rates expected to be held as uncertainty over Iran war continues

1h later
Korea Herald30 Apr, 00:12Latest update

Fed holds rates steady, cites 'elevated' inflation, 'high level' uncertainty from Middle East war