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All eyes on Powell as Fed expected to hold rates steady

The US Federal Reserve is expected to keep interest rates unchanged after a key policy meeting that may be the last chaired by Jerome Powell amid criticism from President Trump.

Published Apr 28, 2026, 9:28 PM EDT | WFMZZ

The US Federal Reserve is widely expected to hold interest rates steady on Wednesday following a key policy meeting. The session is likely to be the last chaired by central bank chief Jerome Powell, a frequent target of President Donald Trump's ire.