The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Apr 29, 2026
· 4 min read
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U.S. Fed likely to hold rates steady at what may be Powell’s last meeting as Chair
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Article Excerpt
U.S. Fed holds rates steady, citing ‘elevated’ inflation in most divided decision in decades
HOWARD SCHNEIDER AND ANN SAPHIR
WASHINGTON
REUTERS
PUBLISHED APRIL 29, 2026
Open this photo in gallery:
U.S. Fed Chair Jerome Powell holds a press conference after the central bank's March 18 decision.
KEVIN LAMARQUE/REUTERS
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The Federal Reserve held interest rates steady on Wednesday, but in its most divided decision since 1992 noted rising concerns about inflatio…
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