BBC News – World
·world
·1 hour ago
Four key takeaways from Jerome Powell's last rate decision as Fed chair
Federal Reserve Chair Jerome Powell held interest rates steady at 3.5%-3.75% in what is expected to be his final decision before successor Kevin Warsh takes over next month. Powell warned that Trump administration legal attacks on the Fed threaten its independence, while inflation rose to 3.3% in March, the highest since May 2024.
Summary by Glance · BBC News – World
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