{"id":78107,"date":"2026-04-29T18:15:17","date_gmt":"2026-04-29T18:15:17","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/"},"modified":"2026-04-29T18:15:17","modified_gmt":"2026-04-29T18:15:17","slug":"federal-reserve-holds-interest-rates-steady-for-third-straight-meeting","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/","title":{"rendered":"Federal Reserve holds interest rates steady for third straight meeting"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p>The Federal Reserve on Wednesday left its benchmark interest rate unchanged, marking the central bank&#8217;s third consecutive pause in 2026. The decision comes as the U.S. economy grapples with\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/cpi-report-today-march-2026-inflation-iran-war-trump\/\" data-invalid-url-rewritten-http=\"\">rising inflation<\/a><\/span>\u00a0due to the <a href=\"https:\/\/chartbeat.com\/publishing\/dashboard\/cbsnews.com\/?sortColumns=engaged_time::pageviews_today#path=%2Flive-updates%2Firan-war-trump-warning-strait-of-hormuz-bab-el-mandeb-threat-oil-prices%2F\" target=\"_blank\" rel=\"noopener\">Iran war<\/a> and\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/gen-z-struggle-get-hired-labor-market\/\" data-invalid-url-rewritten-http=\"\">fitful job growth<\/a><\/span>.<\/p>\n<p>The Fed maintained the federal funds rate \u2014 what banks charge each other for short-term loans \u2014 in its current range of 3.5% to 3.75%. The decision to keep rates steady was widely expected by investors, with the CME FedWatch tool forecasting a 100% probability that officials would maintain the current rate.\u00a0<\/p>\n<p>Today&#8217;s meeting is likely to be Jerome Powell&#8217;s last as Fed chair, with his term set to expire on May 15 after eight years in the role. Earlier on Wednesday, the Senate Banking Committee <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/senate-banking-committee-vote-kevin-warsh-federal-reserve\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">voted to advance<\/a><\/span> the nomination of Kevin Warsh,\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/kevin-warsh-economy-federal-reserve-chair\/\" data-invalid-url-rewritten-http=\"\">President Trump&#8217;s pick<\/a><\/span>\u00a0to lead the Fed, bringing him a step closer to succeeding Powell next month.<\/p>\n<p>Warsh will inherit a Federal Reserve facing pressures ranging from President Trump&#8217;s repeated <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-interest-rates-federal-reserve-hurdles-jerome-powell-subpoena\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">demands<\/a><\/span> for lower interest rates to an inflation reading that jumped last month to its <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/cpi-report-today-march-2026-inflation-iran-war-trump\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">highest level in almost two years<\/a><\/span>. Because interest rate cuts can spur inflation, many economists now predict the Fed will hold off on reductions until later in 2026 or even 2027.<\/p>\n<p>&#8220;Although the Federal Reserve continues to focus on bringing inflation down to its long-term 2% target, current geopolitical tensions have complicated this task, as evidenced by a 0.9% increase in consumer prices last month,&#8221; said Jerry Tempelman, former senior analyst at the New York Fed and vice president of economic and fixed income research at Mutual of America Capital Management, in an email before the Fed&#8217;s meeting.<\/p>\n<p>Tempelman added, &#8220;Given the current environment, we believe it&#8217;s unlikely the Fed will reduce interest rates in 2026, unless the economic fallout from higher energy prices becomes more severe or the labor market weakens significantly.&#8221;<\/p>\n<h2>No rate cuts in 2026?<\/h2>\n<p>The Fed last cut rates in December 2025, when the Consumer Price Index stood at 2.7% on an annual basis \u2014 above the Fed&#8217;s 2% target but down sharply from the pandemic-era high of 9.1% in June 2022.\u00a0<\/p>\n<p>Since the Iran war began on Feb. 28, global energy costs have spiked, pushing the average U.S. price for a gallon of gasoline to $4.23 on Wednesday, about $1.25 more than before the conflict. Economists now forecast that April&#8217;s inflation rate could jump to 3.9% annually due to higher oil and gas prices, according to FactSet.\u00a0<\/p>\n<p>&#8220;We&#8217;ve gone from being nearly halfway through the year with no rate cuts to that now becoming the base case for the rest of the year,&#8221; said Christian Hoffmann, head of fixed income, Thornburg Investment Management, in an email. &#8220;That could change quickly if the data shifts, but as of now, the market is pricing in less than a 25% chance of any cuts for all of 2026.&#8221;<\/p>\n<div>\n<div style=\"min-height:519px\" id=\"datawrapper-vis-fMjdv\"><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/fMjdv\/full.png\" alt=\"The energy shock is reigniting inflation (Line chart)\"\/><\/div>\n<\/div>\n<p>Higher energy costs are leading some U.S. consumers to hold off on buying big-ticket items, noted Oxford Economics in an April 28 report.\u00a0<\/p>\n<p>&#8220;We expect higher oil prices will hit consumers&#8217; real disposable income growth and weigh on spending on durable goods and discretionary services the most,&#8221; the investment advisory firm said. \u00a0<\/p>\n<p>A dip in spending would pose risks for the economy, which relies on consumer purchases for 70 cents of every $1 in gross domestic product.<\/p>\n<h2>Uneven job growth<\/h2>\n<p>The Fed is also keeping an eye on the labor market, which has idled amid economic uncertainty, uneven payroll gains and the emergence of artificial intelligence.\u00a0<\/p>\n<p>Some companies have <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/meta-layoffs-8000-ai-job-cuts\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">announced large layoffs<\/a><\/span>, citing AI, although economists say the technology doesn&#8217;t yet appear to be causing widespread job cuts.<\/p>\n<div>\n<div style=\"min-height:471px\" id=\"datawrapper-vis-XlGvQ\"><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/XlGvQ\/full.png\" alt=\"Bar chart showing the monthly change in U.S. nonfarm payroll employment from 2022 to 2025.\"\/><\/div>\n<p> <amp-iframe width=\"100\" height=\"100\" layout=\"responsive\" sandbox=\"allow-scripts allow-same-origin\" resizable=\"\" src=\"https:\/\/datawrapper.dwcdn.net\/XlGvQ\/19\/\"> <\/amp-iframe><\/div>\n<p>Signs of a weaker job market could persuade some Fed officials to dial back borrowing costs for consumers and businesses. Powell has recently <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/fed-powell-young-americans-jobs-inflation-outlook-harvard\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">described<\/a><\/span> the employment market as relatively balanced, while acknowledging that young college grads face obstacles in finding work.\u00a0<\/p>\n<p>&#8220;Any refinement in how the Fed describes labor market conditions, particularly wage pressures and hiring demand, could carry implications for expectations around future rate policy,&#8221; noted Ameriprise chief market strategist Anthony Saglimbene in an April 27 research note.<\/p>\n<section class=\"content__body--footer\">\n<p class=\"content__meta--editors\">\n      Edited by<\/p>\n<p>                                  <a href=\"https:\/\/www.cbsnews.com\/team\/alain-sherter\/\" class=\"byline__author__link\" data-invalid-url-rewritten-http=\"\">Alain  Sherter<\/a>\n                      <\/p>\n<\/section>\n<p>  <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation  \">\n        <\/aside>\n<section class=\"content__body--footer\">\n      <!-- tags --><\/p>\n<section class=\"content__tags\">\n<p class=\"content__tags__label\">In:<\/p>\n<\/section>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/federal-reserve-fomc-meeting-today-rate-decision-jerome-powell-kevin-warsh\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve on Wednesday left its benchmark interest rate unchanged, marking the central bank&#8217;s third consecutive pause in 2026.<\/p>\n","protected":false},"author":1,"featured_media":78108,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[958,956,1215],"class_list":["post-78107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-federal-reserve","tag-interest-rates","tag-jerome-powell"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Federal Reserve holds interest rates steady for third straight meeting - World News<\/title>\n<meta name=\"description\" content=\"The Fed&amp;#039;s April policy meeting is likely to be Jerome Powell&amp;#039;s last as chair, with his term ending May 15.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Federal Reserve holds interest rates steady for third straight meeting - World News\" \/>\n<meta property=\"og:description\" content=\"The Fed&amp;#039;s April policy meeting is likely to be Jerome Powell&amp;#039;s last as chair, with his term ending May 15.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/\" \/>\n<meta property=\"og:site_name\" content=\"World News\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-29T18:15:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg\" \/><meta property=\"og:image\" content=\"https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"998\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/\"},\"author\":{\"name\":\"News\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2\"},\"headline\":\"Federal Reserve holds interest rates steady for third straight meeting\",\"datePublished\":\"2026-04-29T18:15:17+00:00\",\"dateModified\":\"2026-04-29T18:15:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/\"},\"wordCount\":679,\"publisher\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#organization\"},\"image\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=1200&resize=1200,630&ssl=1\",\"keywords\":[\"Federal Reserve\",\"Interest Rates\",\"Jerome Powell\"],\"articleSection\":[\"Money Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/\",\"name\":\"Federal Reserve holds interest rates steady for third straight meeting - World News\",\"isPartOf\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=1200&resize=1200,630&ssl=1\",\"datePublished\":\"2026-04-29T18:15:17+00:00\",\"dateModified\":\"2026-04-29T18:15:17+00:00\",\"description\":\"The Fed&amp;#039;s April policy meeting is likely to be Jerome Powell&amp;#039;s last as chair, with his term ending May 15.\",\"breadcrumb\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/#primaryimage\",\"url\":\"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=1200&resize=1200,630&ssl=1\",\"contentUrl\":\"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=1200&resize=1200,630&ssl=1\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/site.itshrt.com\/worldnews\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Federal Reserve holds interest rates steady for third straight meeting\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#website\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/\",\"name\":\"World News\",\"description\":\"World News\",\"publisher\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/site.itshrt.com\/worldnews\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#organization\",\"name\":\"World News\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/wp-content\/uploads\/sites\/13\/2025\/01\/cropped-download.png\",\"contentUrl\":\"https:\/\/site.itshrt.com\/worldnews\/wp-content\/uploads\/sites\/13\/2025\/01\/cropped-download.png\",\"width\":581,\"height\":581,\"caption\":\"World News\"},\"image\":{\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2\",\"name\":\"News\",\"url\":\"https:\/\/site.itshrt.com\/worldnews\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Federal Reserve holds interest rates steady for third straight meeting - World News","description":"The Fed&amp;#039;s April policy meeting is likely to be Jerome Powell&amp;#039;s last as chair, with his term ending May 15.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/","og_locale":"en_US","og_type":"article","og_title":"Federal Reserve holds interest rates steady for third straight meeting - World News","og_description":"The Fed&amp;#039;s April policy meeting is likely to be Jerome Powell&amp;#039;s last as chair, with his term ending May 15.","og_url":"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/","og_site_name":"World News","article_published_time":"2026-04-29T18:15:17+00:00","og_image":[{"url":"https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg","type":"","width":"","height":""},{"url":"https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg","width":1920,"height":998,"type":"image\/jpeg"}],"author":"News","twitter_card":"summary_large_image","twitter_image":"https:\/\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg","twitter_misc":{"Written by":"News","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/#article","isPartOf":{"@id":"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/"},"author":{"name":"News","@id":"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2"},"headline":"Federal Reserve holds interest rates steady for third straight meeting","datePublished":"2026-04-29T18:15:17+00:00","dateModified":"2026-04-29T18:15:17+00:00","mainEntityOfPage":{"@id":"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/"},"wordCount":679,"publisher":{"@id":"https:\/\/site.itshrt.com\/worldnews\/#organization"},"image":{"@id":"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/#primaryimage"},"thumbnailUrl":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=1200&resize=1200,630&ssl=1","keywords":["Federal Reserve","Interest Rates","Jerome Powell"],"articleSection":["Money Watch"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/","url":"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/","name":"Federal Reserve holds interest rates steady for third straight meeting - World News","isPartOf":{"@id":"https:\/\/site.itshrt.com\/worldnews\/#website"},"primaryImageOfPage":{"@id":"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/#primaryimage"},"image":{"@id":"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/#primaryimage"},"thumbnailUrl":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=1200&resize=1200,630&ssl=1","datePublished":"2026-04-29T18:15:17+00:00","dateModified":"2026-04-29T18:15:17+00:00","description":"The Fed&amp;#039;s April policy meeting is likely to be Jerome Powell&amp;#039;s last as chair, with his term ending May 15.","breadcrumb":{"@id":"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/#primaryimage","url":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=1200&resize=1200,630&ssl=1","contentUrl":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=1200&resize=1200,630&ssl=1","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/site.itshrt.com\/worldnews\/federal-reserve-holds-interest-rates-steady-for-third-straight-meeting\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/site.itshrt.com\/worldnews\/"},{"@type":"ListItem","position":2,"name":"Federal Reserve holds interest rates steady for third straight meeting"}]},{"@type":"WebSite","@id":"https:\/\/site.itshrt.com\/worldnews\/#website","url":"https:\/\/site.itshrt.com\/worldnews\/","name":"World News","description":"World News","publisher":{"@id":"https:\/\/site.itshrt.com\/worldnews\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/site.itshrt.com\/worldnews\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/site.itshrt.com\/worldnews\/#organization","name":"World News","url":"https:\/\/site.itshrt.com\/worldnews\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/logo\/image\/","url":"https:\/\/site.itshrt.com\/worldnews\/wp-content\/uploads\/sites\/13\/2025\/01\/cropped-download.png","contentUrl":"https:\/\/site.itshrt.com\/worldnews\/wp-content\/uploads\/sites\/13\/2025\/01\/cropped-download.png","width":581,"height":581,"caption":"World News"},"image":{"@id":"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/site.itshrt.com\/worldnews\/#\/schema\/person\/1d8ae7348e048cb7984f26b4dd818ff2","name":"News","url":"https:\/\/site.itshrt.com\/worldnews\/author\/admin\/"}]}},"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=150&resize=150,150&ssl=1","medium":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=300&resize=300,300&ssl=1","medium_large":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=768&resize=768,0&ssl=1","large":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=1024&resize=1024,1024&ssl=1","1536x1536":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=1536&resize=1536,1536&ssl=1","2048x2048":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=2048&resize=2048,2048&ssl=1","colormag-highlighted-post":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=392&resize=392,272&ssl=1","colormag-featured-post-medium":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=390&resize=390,205&ssl=1","colormag-featured-post-small":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=130&resize=130,90&ssl=1","colormag-featured-image":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=800&resize=800,445&ssl=1","colormag-default-news":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=150&resize=150,150&ssl=1","colormag-featured-image-large":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=1400&resize=1400,600&ssl=1","colormag-elementor-block-extra-large-thumbnail":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=1155&resize=1155,480&ssl=1","colormag-elementor-grid-large-thumbnail":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=600&resize=600,417&ssl=1","colormag-elementor-grid-small-thumbnail":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=285&resize=285,450&ssl=1","colormag-elementor-grid-medium-large-thumbnail":"https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=575&resize=575,198&ssl=1"},"magazineBlocksPostAuthor":{"name":"News","avatar":"https:\/\/secure.gravatar.com\/avatar\/e85cf08852547781a5f631f3713dbb5197ed4b54e32ae19c7d5769b8c8504897?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":false,"magazineBlocksPostExcerpt":"The Federal Reserve on Wednesday left its benchmark interest rate unchanged, marking the central bank&#8217;s third consecutive pause in 2026.","magazineBlocksPostCategories":["Money Watch"],"magazineBlocksPostViewCount":6,"magazineBlocksPostReadTime":4,"magazine_blocks_featured_image_url":{"full":["https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=1200&resize=1200,630&ssl=1",1200,630,false],"medium":["https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=300&resize=300,300&ssl=1",300,300,false],"thumbnail":["https:\/\/i1.wp.com\/assets3.cbsnewsstatic.com\/hub\/i\/r\/2026\/01\/13\/4b3a9b6e-727d-4073-bd3e-ce041f851c48\/thumbnail\/1200x630\/cba923786480be853d9d55f1a6169f52\/cbsn-fusion-doj-probe-into-fed-chair-jerome-powell-draws-bipartisan-criticism-thumbnail.jpg?w=150&resize=150,150&ssl=1",150,150,false]},"magazine_blocks_author":{"display_name":"News","author_link":"https:\/\/site.itshrt.com\/worldnews\/author\/admin\/"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/e85cf08852547781a5f631f3713dbb5197ed4b54e32ae19c7d5769b8c8504897?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-37\">Money Watch<\/a>","_links":{"self":[{"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/posts\/78107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/comments?post=78107"}],"version-history":[{"count":0,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/posts\/78107\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/media\/78108"}],"wp:attachment":[{"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/media?parent=78107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/categories?post=78107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/site.itshrt.com\/worldnews\/wp-json\/wp\/v2\/tags?post=78107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}