Powell: Current Interest Rates Appropriate, Signals Potential Policy Shift at Next Meeting

Published: Apr 30, 2026 17:26

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Fed Chairman Powell noted that the current interest rate level was in a good place. He also mentioned that the number of officials supporting a shift toward a neutral monetary policy stance had increased, and even suggested that changes to the current easing bias might be considered as early as the next meeting. He emphasized that no one was calling for a rate hike, and those who disagreed with the easing stance were not leaning toward raising rates either. Powell also indicated that if there were a need to raise or cut interest rates in the future, the US Fed would signal in advance and take appropriate action. Additionally, it was necessary to monitor energy and tariff issues before considering an interest rate cut.

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