Federal Reserve Holds Rates Steady as Powell Faces Potential Leadership Transition

DOJ Drops Investigation into Federal Reserve Chair Jerome Powell

Federal Reserve Expected to Hold Rates Steady at April Meeting as Inflation Concerns Persist

The Federal Reserve is widely expected to keep interest rates unchanged at 3.5%-3.75% when it meets April 28-29, with markets showing a 99.5% probability of no change. Energy prices from the Middle East conflict and persistent inflation above the Fed's target are tempering any rate-cut expectations.

Fed expected to hold rates steady as inflation pressure persists

The Federal Reserve is expected to hold interest rates unchanged at its upcoming meeting as inflation pressures rise from the Iran conflict, with markets pricing in virtually no chance of rate cuts in 2026. Consumer confidence has hit all-time lows amid elevated energy costs and geopolitical uncertainty.

Federal Reserve Holds Rates Steady; Kevin Warsh Confirmation Hearing Highlights Proposed 'Regime Change'

The Federal Reserve kept interest rates at 3.5%-3.75% despite inflation pressure from the Middle East conflict. Fed chair nominee Kevin Warsh's hearing revealed plans to overhaul Fed policy, including abandoning forward guidance and changing inflation measures.

Fed Chair Nominee Kevin Warsh's Preferred Inflation Measure Could Backfire

As Kevin Warsh faces Senate confirmation to head the Federal Reserve, economists warn his preferred "trimmed" inflation metric—which shows inflation softer than the official core PCE measure—may tie his hands if actual inflation outpaces his preferred gauge.

Justice Department Drops Criminal Probe Into Fed Chair Powell

The Justice Department has ended its criminal investigation into Federal Reserve Chair Jerome Powell regarding a renovation project at the Fed's headquarters. This decision clears the way for Trump's nominee Kevin Warsh to advance toward Senate confirmation for the Fed chair role.

National Science Board Members Dismissed by Trump Administration

Members of the independent National Science Board that advises the National Science Foundation received notice from the White House that their positions were being terminated.