Federal Reserve holds rates as Kevin Warsh closes in on confirmation
Source: The Hill News · Bias: Center
Summary
The Federal Reserve kept interest rates steady Wednesday as President Trump’s new pick to lead the bank inched closer to confirmation. By a vote of 8 to 4, the Federal Open Market Committee (FOMC) decided to maintain its baseline interest rate range between 3.5 and 3.75 percent at the end of what will likely be Jerome Powell’s final meeting as Fed chair. Hours earlier, a Senate…
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Daily Analysis
Read the full Parallax Pulse for April 29, 2026 — an AI-powered analysis of how Left and Right media covered the biggest stories this day.
More Headlines From April 29, 2026
- A look back at royal family’s NYC visits as King Charles, Camilla head to Big Apple (Right)
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