Event Brief
Fed holds rates as Jerome Powell signals he will stay on
Filed: Apr 29, 2026 at 8:00 PM ET
Summary: The US Federal Reserve held interest rates steady for a third meeting as Jerome Powell indicated he will remain chair.
WHO: Jerome Powell; US Federal Reserve
WHAT: The Federal Reserve kept interest rates unchanged for a third consecutive meeting.
WHEN: Apr 29, 2026 at 4:20 PM ET
WHERE: United States
WHY: Policymakers faced heightened uncertainty tied to the war in the Middle East.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
🔍 17 sources analyzed
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