US Federal Reserve holds interest rates steady, signaling caution as chair Jerome Powell nears exit
- Posted on April 29, 2026
- By Business News Today
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- 1 min read
US Federal Reserve holds interest rates steady, signaling caution as chair Jerome Powell nears exit
The Federal Reserve held interest rates steady for the third time, citing global risks like rising energy prices and supply disruptions. Policymakers are balancing inflation concerns with the potential impact of aggressive hikes on economic growth. This pause offers near-term stability for Indian markets, though elevated crude oil prices remain a significant worry.
