Macro
Fed Holds Policy Rate at 3.50–3.75% (April 29)
FOMC held rates steady April 29; only one dissenter called for a -25bp cut. Energy-driven inflation and stable employment push near-term rate cut odds into the second half.
Primary sources · 2
FOMC held rates steady April 29; only one dissenter called for a -25bp cut. Energy-driven inflation and stable employment push near-term rate cut odds into the second half.
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