Economy

Oil surge divides Fed as Jay Powell’s term at helm draws to a close

Central bank holds rates steady in decision that draws most dissents since 1992

F
Financial Times
April 29, 2026·1 min read
Oil surge divides Fed as Jay Powell’s term at helm draws to a close

Image: Financial Times

Central bank holds rates steady in decision that draws most dissents since 1992

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Oil surge divides Fed as Jay Powell’s term at helm draws to a close

Published by Financial Times

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