The Man Who Just Lost His Job Is Still Voting on Your Interest Rates
LIVE UPDATE May 3, 2026 • 12:10 PM ET Jerome Powell confirmed at his April 29 final press conference as…
Category: Federal Reserve Policy
News and clear explanations of Federal Reserve policy decisions and how they affect everyday Americans. We cover Federal Open Market Committee (FOMC) interest rate decisions, inflation updates, and Fed policy changes, explaining what each decision means for mortgage rates, savings account yields, and borrowing costs. Sourced from official Federal Reserve Board releases and FOMC statements.
Kevin Warsh Could Shift the Fed’s Rate Path Within Days. What Changes Next
LIVE UPDATE May 1, 2026 • 11:45 AM ET The Senate Banking Committee voted 13–11 on April 29 to advance…
Powell’s Last Fed Meeting Just Divided the Committee in Two
LIVE UPDATE April 30, 2026 • 8:00 AM ET The Federal Open Market Committee voted 8–4 to hold the federal…
Jerome Powell Stays as Fed Governor, Maintains Cautious Easing Bias Amid Inflation Pressures
LAST UPDATE April 30, 2026 • 5:15 AM ET Fed holds rates steady. Chair Powell confirms term ends May 15…
Fed Holds Rates in Powell’s Final Meeting: 3 Signals That Matter Now
LAST UPDATE April 30, 2026 • 3:56 AM ET RESULT: The Federal Reserve held rates at 3.50 to 3.75 percent…
The Fed Decides on April 29: What It Means for Your Money
LIVE UPDATE April 30, 2026 • 7:42 AM ET DECISION: The Federal Reserve held the federal funds rate at 3.50…
Your Savings Rate Just Changed: What the Fed Decided on April 29
LAST UPDATE April 30, 2026 • 4:26 AM ET The Federal Reserve held rates at 3.50–3.75% on April 29. High-yield…
DOJ Drops Powell Probe: What It Means for the Federal Reserve and Rates
LAST UPDATE April 30, 2026 • 4:44 AM ET The Federal Reserve held the federal funds rate at 3.50–3.75% at…
Fed Chair Warsh Nominee Impact on Deposits and Interest Rates
LAST UPDATE April 30, 2026 • 4:50 AM ET The Federal Reserve held rates at 3.50–3.75% at Jerome Powell’s final…
Federal Reserve April 2026 Meeting and the Policy Path Toward the Warsh Transition
LAST UPDATE April 30, 2026 • 5:00 AM ET The Federal Open Market Committee held the federal funds rate at…