Federal Reserve Holds Interest Rates Steady Amid Middle East Conflict Uncertainty
The Federal Reserve is expected to maintain its benchmark interest rate unchanged during its meeting on April 29, 2026, due to uncertainty surrounding the Middle East conflict. Fed Chair Jerome Powell's final policy meeting is anticipated to be unremarkable, with a focus on the potential impact of prolonged high oil prices on inflation and economic growth. The outcome of the Senate vote on Kevin Warsh's confirmation as the next Fed chair is also a key point of interest.
Topics: economic policy Federal Reserve inflation interest rates Jerome Powell Middle East conflict