Powell expected to hold rates as exit clock ticks

FOMC Day 2: Fed Chair to keep rates steady at 3.50% in likely final act…
Market brace for “The Warsh Pivot” as Kevin Warsh prepares May 15 takeover…
Inflation ghost: High yields and $111 oil kill hope for a 2026 rate cut…
Internal Fed rift: Dissent grows over “over-correcting” for the AI bubble…

Fed expected to hold interest rates steady in what could be Powell’s last meeting

The Federal Reserve is expected to hold interest rates steady Wednesday. It’s likely to be Jerome Powell’s last rate-setting meeting as chairman of the central bank.