30-April-2026
Economy News
 
US Federal Reserve holds interest rates steady, signaling caution as chair Jerome Powell nears exit
30-Apr-2026

The US Federal Reserve on Wednesday kept interest rates unchanged at 3.5%-3.75% for the third consecutive policy meeting, as policymakers weighed rising global risks, including higher energy prices and supply disruptions linked to the ongoing West Asia conflict. The Fed noted that inflation is elevated, in part reflecting the recent increase in global energy prices even as economic activity expanded at a solid pace amid the uncertainty created by the Middle East conflict.

News Source:- https://economictimes.indiatimes.com/markets/us-stocks/news/us-federal-reserve-holds-interest-rates-steady-signaling-caution-as-chair-jerome-powell-nears-exit/articleshow/130614619.cms