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The Federal Reserve is seen as certain to keep interest rates unchanged today.

56 minutes ago

April 30: Per CME’s FedWatch Tool, the Federal Reserve has a 100% probability of holding interest rates steady today. Looking ahead: - Through June: 98.8% chance of unchanged rates; 1.2% probability of a cumulative 25-basis-point cut. - Through July: 94.6% likelihood of steady rates; 5.4% chance of a cumulative 25bp cut. - Through September: 92.7% probability of holding rates; 7.2% for a cumulative 25bp cut, 0.2% for a cumulative 50bp cut.
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Powell: Recent Inflation Expectations Increase, Inflation Rises

April 30th — Federal Reserve Chair Powell said the March PCE inflation rate is expected to come in at 3.5%, while the unemployment rate will hold steady. Recent inflation expectations have climbed. The economic outlook remains highly uncertain, with recent inflation running at elevated levels. Rising energy prices are set to boost short-term inflation. (IG)

4 minutes ago

Powell: This is my final press conference as Chair, congratulations to Wash

April 30th, Federal Reserve Chair Powell stated, "This is my final press conference as Chair." Congratulations to Powell. Wishing Fed Chair nominee Yellen all the best. The Fed remains resilient. (FXStreet)

4 minutes ago

Powell: Will Stay on as Fed Governor After May 15, Will Serve in Low-Key Manner

April 30 — Federal Reserve Chair Powell said Wednesday he welcomes the Justice Department’s (DOJ) announcement last Friday that it is closing the probe into him. Over the weekend, the DOJ assured the investigation will not be reopened unless it receives a criminal referral. I stand by my position and will not step down until the DOJ investigation is fully concluded. I will continue serving as a Federal Reserve governor after May 15. I will remain a Fed governor for an undetermined period, maintaining a low profile in the role. (Krypton)

4 minutes ago

Trump: Now Is a Good Time for Interest Rate Cuts

On April 30th, U.S. President Donald Trump said now is a good time to cut interest rates, according to FXStreet.

4 minutes ago

Powell: High Inflation, Partially Reflecting Surge in Energy Prices

Federal Reserve Chair Jerome Powell said April 30 that high inflation is partly driven by rising energy prices, noting the central bank’s current policy stance is appropriate. Middle East developments have amplified uncertainty, posing risks to both sides of the Fed’s dual mandate. Consumer spending remains robust, while labor demand has softened. (Wall Street 10)

4 minutes ago

Federal Reserve Chair Powell will hold a monetary policy press conference in ten minutes

April 30: Federal Reserve Chair Jerome Powell will hold a monetary policy press conference in 10 minutes.

4 minutes ago