Fed Holds Rates Steady
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US Fed FOMC Meeting, US Fed Rate Cut, Interest Rate Cut Decision Today Live Updates: The Federal Reserve is expected to keep rates unchanged at 3.50%–3.75% at its April meeting. It may be Jerome Powell’s final appearance as chair,
Federal Reserve Chair Jerome Powell will hold his final press conference at 2:30 p.m. Wednesday to discuss the policymakers’ interest rate decision ahead of his planned departure on May 15. The appearance comes at a pivotal moment for the central bank as it weighs whether to change interest rates amid lingering inflation concerns and President
It's Fed decision day. It's also likely to be the last time that Jerome Powell presides over the Federal Reserve's policy committee. Follow our live coverage.
Federal Reserve Chair Jerome Powell has held a press conference after every meeting of the interest-rate committee since 2019. It doesn’t look like Kevin Warsh, the nominee for Fed chief, is likely to continue the practice.
This is expected to be Powell's last FOMC press conference as Fed Chair, with Kevin Warsh awaiting Senate confirmation to take over as early as May.