Gate News message, April 29 — The Federal Reserve is holding its FOMC meeting today, widely expected to keep interest rates steady at 3.50%–3.75%, marking a third consecutive pause. The meeting could be one of Jerome Powell’s final appearances before his term ends on May 15.
Markets are also monitoring Kevin Warsh’s confirmation process as a potential successor to Powell. Future Fed leadership and rate policy decisions are expected to significantly influence crypto markets, stocks, and global market sentiment.
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