The Fed held rates steady. Powell’s final meeting as chair featured the most dissents since 1992 amid divisions on the outlook for cuts.

Language that has signaled cuts are more likely than hikes remained, but drew dissents from three officials who favored a more neutral outlook. 2026-04-29 18:01:00 Nick Timiraos

Continue ReadingThe Fed held rates steady. Powell’s final meeting as chair featured the most dissents since 1992 amid divisions on the outlook for cuts.