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Fed holds rates steady but with highest level of dissent since 1992
cnbc ^ | 4-29-26 | Jeff Cox

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 ...


TOPICS: Crime/Corruption; Foreign Affairs; Government
KEYWORDS: crime; federalreserve; ponzi; rates

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This organization exists because why now?
1 posted on 04/29/2026 11:14:33 AM PDT by MarlonRando
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To: MarlonRando

“This organization exists because why now?”

To milk the citizens of America in conjunction with their enforcement arm the IRS. :)


2 posted on 04/29/2026 11:26:15 AM PDT by dljordan (Yeah, I'm a Boomer and it's all my fault you whiny little bitch.)
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To: dljordan

yeah it really is a racket. They have a lot of guns now too. The IRS with guns. wow


3 posted on 04/29/2026 11:35:19 AM PDT by MarlonRando
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To: MarlonRando

To destroy our dollar. 1 Dollar worth 2 Dollar in 1913, now worth 4 cents. 🤬🤬


4 posted on 04/29/2026 11:35:56 AM PDT by cowboyusa (YESHUA IS KING OF AMERICA!)
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To: cowboyusa

If Trump tried to end the Fed, their guys wouldn’t miss


5 posted on 04/29/2026 11:39:17 AM PDT by MarlonRando
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To: MarlonRando
Powell’s final speech should have included an APOLOGY for failing to meet one of the two things the FED is charged with—inflation and unemployment. He was an abject failure.

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.

6 posted on 04/29/2026 11:49:53 AM PDT by volare737 ( Diversity is something to be overcome, not celebrated.)
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To: volare737

He’s not leaving. Fire this asshole


7 posted on 04/29/2026 11:57:44 AM PDT by cowboyusa (YESHUA IS KING OF AMERICA!)
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To: cowboyusa

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.”


8 posted on 04/29/2026 12:00:13 PM PDT by MarlonRando
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To: MarlonRando

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.


9 posted on 04/29/2026 12:01:07 PM PDT by cowboyusa (YESHUA IS KING OF AMERICA!)
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To: cowboyusa

that jfk tried to end the Fed is considered a conspiracy theory ( wink)


10 posted on 04/29/2026 12:10:39 PM PDT by MarlonRando
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To: MarlonRando

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.


11 posted on 04/29/2026 12:51:34 PM PDT by neverbluffer
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To: neverbluffer

I know! I was wondering that myself. It’s time for you to go and you just say -oh no, I’m staying.


12 posted on 04/29/2026 12:52:49 PM PDT by MarlonRando
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