Division inside the Fed is intensifying

The US central bank held rates unchanged for the 3rd consecutive meeting

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Global Markets Investor
April 30, 2026

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The Federal Reserve left its interest rates unchanged for the 3rd consecutive meeting, keeping its target range at 3.50%-3.75% on Wednesday, April 29, as expected. This marked the final meeting of Fed Chair Powell, whose term ends on May 15.

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The decision passed in an 8 to 4 vote, the most divided Fed decision in 34 years.

Behind the paywall, you will find a full recap of the meeting, including statement changes, Chair Powell’s remarks, and the implications for markets and the economy, including investor reaction after the event.

Links to the previous meetings' summaries can be found below.

Fed holds rates for the second consecutive meeting

The central bank sees only one rate reduction in 2026

Global Markets Investor • Global Markets Investor

Federal Reserve holds rates steady after a largely uneventful meeting

The central bank has paused cuts for the first time since July

globalmarketsinvestor.beehiiv.com/p/federal-reserve-holds-rates-steady-after-a-largely-uneventful-meeting

Fed policymakers are increasingly divided

The central bank cut rates by 25 basis points for the 3rd time this year.

globalmarketsinvestor.beehiiv.com/p/fed-policymakers-are-increasingly-divided

The Fed is facing growing internal divide

The central bank cut rates by 25 basis points and will end QT on December 1 as expected.

globalmarketsinvestor.beehiiv.com/p/the-fed-is-facing-growing-internal-divide

The Fed is confused and divided

This makes investing harder

globalmarketsinvestor.beehiiv.com/p/the-fed-is-confused-and-divided

The Fed is still waiting despite slowing economy

No rate cut, no clarity on what's next, the Fed is going to be too late as always

globalmarketsinvestor.beehiiv.com/p/the-fed-is-still-waiting-despite-slowing-economy

FED STATEMENT AND REASONS FOR DISSENT

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