Jerome Powell defies Trump one last time, holding rates steady: ‘The facts have moved decisively in the hawkish direction,’ top economist says
- Posted on April 29, 2026
- By Fortune
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- 1 min read
Jerome Powell defies Trump one last time, holding rates steady: ‘The facts have moved decisively in the hawkish direction,’ top economist says
Four dissents signal that incoming Fed chair Kevin Warsh inherits a committee far more hawkish than the White House wants.
