Fed Leaves Rates Unchanged in Powell’s Final Decision; Trump Rejects Iran Deal, Bitcoin Falls Below $76K
first published 2026-04-29T08:07:47Z
Jerome Powell’s upcoming FOMC appearance is being viewed as potentially one of his final major appearances before his term ends on May 15. Reports name Kevin Warsh as a possible replacement and markets are reacting because Warsh is seen as more supportive of interest-rate cuts. Ongoing inflation risks, high oil prices and geopolitical tensions continue to split policymakers, and investors are watching Powell’s comments for guidance on rate policy and expectations about a leadership transition.
AI Analysis
Powell may be speaking for one of his final times before his term ends May 15; media reports link Kevin Warsh as a potential replacement and market commentary says Warsh is viewed as more supportive of rate cuts. The story highlights active market attention to Powell’s comments amid persistent inflation, high oil prices and geopolitical tensions.
Expected Investor Sentiment: Bearish
Potential Market Impact: High
Source Articles
- Is This Jerome Powell’s Last Speech as Fed Chair? - Coinpedia
- Bitcoin, stocks risk 'months' of losses as Kevin Warsh Becomes Fed chair - Cointelegraph
- Senate Panel Clears Kevin Warsh 13-11, Setting up Fed Leadership Change Before May 15 - Bitcoin.com
- Fed Rates Hold for Third Straight Meeting as Crypto Watches Powell’s Final Conference - Crypto News
- Fed leaves rates unchanged at Jerome Powell's final meeting as chairman - CoinDesk
- Federal Reserve Holds Interest Rates Steady at 3.5–3.75% - Bitcoin.com
- Bitcoin, Ethereum Dip as Fed Holds Rates Steady for Third Straight Time - Decrypt
- Bitcoin Dips Under $76K as Fed Holds Rates in Rare 8-4 Split - The Defiant
- Bitcoin, Ethereum and XRP Prices Drop As Fed Holds Rates and Trump Rejects Iran Deal - Coinpedia
