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Federal Reserve Holds Rates Steady, Powell Vows to Remain on Board

The Federal Reserve decided to hold interest rates steady amidst concerns over elevated inflation and global uncertainty. Jerome Powell also affirmed his intention to remain on the Fed board, citing legal pressures from the Trump administration.

29 Apr, 17:30 — 30 Apr, 01:45
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The Story

Analyzing sources…

Source Diversity

Source Diversity

Excellent (84/100)
21 sources33/33
Spectrum spread3/5 buckets covered17/33
Far L
Left7
Left (7)
japan-timesBBCle-mondecnbciefimeridadr-dkglobe-and-mail
Center7
Center (7)
Korea HeraldSCMPReutersFTbloombergforbesexpress-tribune
Right7
Right (7)
wsjrzeczpospolitaseeking-alphahindustan-timesberlingskela-vanguardianaftemporiki
Far R
Geographic diversity14 regions34/34
US5UK2Greece2Denmark2South Korea1Hong Kong1Japan1Intl1France1Poland1India1Canada1Spain1Pakistan1

Sources

Showing 15 of 21 sources
ReutersVery High4h ago

Fed sees three dissents over an 'easing bias.' What's that? - Reuters

Fed sees three dissents over an 'easing bias.' What's that?  Reuters

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BBCHigh3h 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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bloombergHigh5h 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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wsjHigh4h 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 High5h 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-mondeHigh5h 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 Factual5h 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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SCMPMostly Factual3h ago

HKMA holds base interest rate at 4%, following Fed as war inflation worries persist

Hong Kong’s monetary authority has held its base interest rate steady, following the lead of the US Federal Reserve, as analysts said the inflationary impact of the US-Israel war with Iran had reduced the chances of a rate cut this year. The city’s base rate would stay at 4 per cent, the Hong Kong Monetary Authority (HKMA) said on Thursday, hours after the US Federal Reserve kept its target rate in the range of 3.5 to 3.75 per cent following the third meeting of the Federal Open Market Commit...

By Enoch Yiu

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globe-and-mailHigh8h ago

Oil prices settle at multi-week highs as global supply worries mount - The Globe and Mail

Oil prices settle at multi-week highs as global supply worries mount  The Globe and Mail

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forbes8h 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 Factual7h 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 Factual55m ago

BOK sees rising uncertainty in US monetary policy path after new Fed chair

Uncertainty over the future path of US monetary policy under the next Federal Reserve chair, Kevin Warsh, has increased further amid rising oil prices and inflation, the Bank of Korea said Thursday. "Overnight at the Federal Open Market Committee, opinions within the Fed were significantly divided, and inflation driven by rising oil prices was emphasized," BOK Senior Deputy Gov. Ryoo Sang-dai said during a meeting to review market conditions. "Uncertainty regarding the future path of US monetary

By The Korea Herald

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japan-timesMostly Factual3h ago

Powell to remain at Fed amid legal 'battering' by Trump administration

Powell's decision, unprecedented in the modern era of central banking, reflects concern over ongoing political attacks on the institution.

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seeking-alphaMixed6h ago

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

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express-tribuneMostly Factual9h ago

Gold slides further as global cues weigh

Drops Rs5,500/tola amid Fed policy uncertainty; rupee inches up

By Usman Hanif

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Coverage Timeline

First report: naftemporiki · 29 Apr, 13:56Full coverage: 21 · 12hWindow: 12h
Left-leaningCenterRight-leaning
naftemporiki29 Apr, 13:56First to report

Το Κογκρέσο κρατά στα «χέρια» του τα F-35

4h later
express-tribune29 Apr, 17:30

Gold slides further as global cues weigh

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

globe-and-mail29 Apr, 18:04

Oil prices settle at multi-week highs as global supply worries mount - The Globe and Mail

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

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

Reuters29 Apr, 21:50

Fed sees three dissents over an 'easing bias.' What's that? - Reuters

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

japan-times29 Apr, 23:08

Powell to remain at Fed amid legal 'battering' by Trump administration

SCMP29 Apr, 23:27

HKMA holds base interest rate at 4%, following Fed as war inflation worries persist

2h later
Korea Herald30 Apr, 01:45Latest update

BOK sees rising uncertainty in US monetary policy path after new Fed chair