Federal Reserve Expected to Hold Rates Steady Amid Inflation and Labor Market Concerns
The Federal Reserve is expected to maintain its current interest rate range of 3.5% to 3.75% at its April 29 meeting, as inflation rises and labor market concerns persist. The focus will be on Jerome Powell's potential final press conference as Fed chair, with market participants looking for signals on whether inflation or labor market weakness is the greater concern. New tariffs, higher oil prices, and supply chain disruptions from the Iran war are expected to keep inflation elevated.
Topics: Federal Reserve inflation interest rates Jerome Powell job market