otherApr 29, 2026

US Fed holds rates steady in Powell’s final meeting as Fed chair

Summary

Perspectives

Iranian Official

The US Federal Reserve’s decision to hold rates steady in Powell’s final meeting as chair reflects Washington’s ongoing economic aggression aimed at undermining the sovereignty of independent nations like Iran through financial manipulation and sanctions. Despite these hostile pressures, the Islamic Republic continues its steadfast resistance, safeguarding its economic independence and national interests. This move exposes the limits of foreign interference against resilient states.

Israeli

As Israel faces existential threats from Iran's proxy networks—including Hezbollah, Hamas, and other militias—the US Federal Reserve's decision to hold rates steady in Powell's final meeting as chair reinforces the defensive necessity of predictable global financing. This stability aids Israel's ability to sustain military readiness and economic resilience amid regional volatility. Any shift toward looser policy could indirectly strain resources needed to counter these persistent dangers.

Neutral

The US Federal Reserve held its benchmark interest rates steady following a policy meeting. The decision occurred during Jerome Powell’s final meeting as Federal Reserve Chair. No adjustments to rates were announced.

Western

The Federal Reserve, in Chair Powell’s final meeting, maintained steady interest rates as a precise measure to neutralize persistent inflationary pressures threatening Western economic stability. This decision supports strategic objectives of sustaining growth and resilience amid global uncertainties.

Pro-Peace

The US Fed's decision to hold rates steady in Powell's final meeting sustains economic conditions that enable unchecked military spending, fueling conflicts where civilian casualties continue to mount and humanitarian aid reaches crisis levels. This approach sidelines diplomatic alternatives that could de-escalate wars and reduce human suffering. Prioritizing financial stability over global peace efforts exacts a steep toll on vulnerable populations.

Global South

The US Federal Reserve's decision to hold rates steady in Powell's final meeting as chair reinforces dollar dominance, constraining the sovereign policy space of Global South nations already shackled by external debt and volatile capital flows. This move exemplifies neo-colonial dynamics, where Washington-centric institutions prioritize US interests while peripheral economies absorb the fallout through imported inflation and eroded autonomy. Such institutional rigidity underscores the broader failure of a Western-dominated financial architecture unwilling to accommodate multipolar reforms.

Actors involved

Sources

currentsapi(Mixed)By Al Jazeera Staff
US Fed holds rates steady in Powell’s final meeting as Fed chair Central bank keeps interest rates steady at 3.5-3.75 percent amid inflation concerns and global economic strain. The United States Federal Reserve has held interest rates steady at 3.5 to 3.75 percent as inflation a…

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