Fed Poised to Hold Interest Rates Steady at Jerome Powell’s Final Meeting as Chair

For Jerome Powell, it was a roller coaster ride for eight years at the Federal Reserve.

Federal Reserve Chair Jerome Powell speaks at a news conference following the Federal Open Market Committee meeting in Washington on Oct. 29, 2025. Madalina Kilroy/The Epoch Times

The Federal Reserve is expected to keep interest rates unchanged when officials wrap up their two‑day meeting on April 29, which could mark Jerome Powell’s final session as chair.

Futures market data suggest traders are widely penciling in no change to the benchmark federal funds rate, a key policy rate that influences business and consumer borrowing costs.