The Federal Reserve decided to hold interest rates steady on Wednesday in what was likely Jerome Powell’s last session as chair. The Federal Open Market Committee kept its benchmark rate at 3.5%-3.75% as it worked to satisfy its dual mandate of stable prices and maximum employment. “Developments in the Middle East are contributing to a high level of uncertainty about the economic outlook. The committee is attentive to the risks to both sides of its dual mandate,” the committee said in a written