Fed Holds Interest Rates Steady in Most Divided Vote Since 1992
The Federal Reserve voted to hold interest rates steady at its April 2026 meeting, marking the most divided decision since October 1992. Dissenters were split between those favoring a rate cut and those opposing any signal of easing. The meeting was the final one chaired by Jerome Powell.
Key facts
- The Fed held interest rates steady.
- The vote was the most divided since October 1992.
- Dissenters were split between wanting a cut and opposing easing.
- The meeting was Powell's final as chair.
- The decision was made in April 2026.
Entities
Institutions
- Federal Reserve
Sources
- Quartz —