Posted on 04/29/2026 11:14:33 AM PDT by MarlonRando
An unusually divided Federal Reserve on Wednesday held its key interest rate steady as policymakers grappled with the policy impact of persistent inflation and awaited a looming leadership transition at the central bank.
In what may have been Chair Jerome Powell’s final meeting at the helm, the rate-setting Federal Open Market Committee voted to hold the benchmark funds rate in a range between 3.5%-3.75%. Markets had been pricing in a 100% chance of no change.
(Excerpt) Read more at cnbc.com ...
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“This organization exists because why now?”
To milk the citizens of America in conjunction with their enforcement arm the IRS. :)
yeah it really is a racket. They have a lot of guns now too. The IRS with guns. wow
To destroy our dollar. 1 Dollar worth 2 Dollar in 1913, now worth 4 cents. 🤬🤬
If Trump tried to end the Fed, their guys wouldn’t miss
He NEVER once got to 2% inflation, and in fact the PCE (3.5%) is closer to double the 2% goal. Minus the usual exempting of food and energy prices, inflation is 3.2% (and starting to trend in the wrong direction).
The FED is a joke as it has not hit its goal of 2% for over 5 years now! They have not hit its goal even ONCE since Jan. 2021. Pathetic.
He’s not leaving. Fire this asshole
yep he’s not going anywhere—
“Fed Chair Jerome Powell on Wednesday said he will stay on the Board of Governors for an indefinite period while a probe into the renovation of the central bank’s headquarters continues.”
I now see that he is remaining as a Fed GOVENOR. The Bankers tried to kill Jackson and missed. Up until 1972, America had a strong currency. DMM Nixon.
that jfk tried to end the Fed is considered a conspiracy theory ( wink)
IDoes he even have a choice? How can someone just say they are not leaving. Seems like everyone on the left tries to never leave or files suit over being filed.
I know! I was wondering that myself. It’s time for you to go and you just say -oh no, I’m staying.
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