US Fed divided at Powell's likely last meeting at helm

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The US Federal Reserve kept interest rates unchanged due to uncertainty over the Middle East conflict and high energy prices. WASHINGTON: A divided US Federal Reserve kept interest rates unchanged for a third straight meeting Wednesday (Apr 29) on high uncertainty from the Middle East war, in what was likely its last gathering helmed by Jerome Powell. "Inflation is elevated, in part reflecting the recent increase in global energy prices," the central bank said. Its decision keeps rates at a

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US Fed divided at Powell's likely last meeting at helm https://www.channelnewsasia.com/ - 29.04.2026 23:09
US Fed divided at Powell's likely last meeting at helm https://www.channelnewsasia.com - 29.04.2026 22:18

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US Fed divided at Powell's likely last meeting at helm https://www.channelnewsasia.com/ - 29.04.2026 23:09
US Fed divided at Powell's likely last meeting at helm https://www.channelnewsasia.com - 29.04.2026 22:18