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Fed Dissents Spur Wagers on 2027 Rate Hike
Posted
April 30, 2026
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April 30, 2026
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4:45Now PlayingFederal Reserve officials left interest rates unchanged, but revealed a deepening division over the outlook for policy.
Four officials voted against the decision, including three who objected to language in their post-meeting statement that suggested the central bank would eventually resume cutting rates.
Blake Gwinn, RBC Capital Markets Head of US Rates Strategy, discusses the decision, it's impact on the longer-term rates outlook, and Jerome Powell's vow to remain at the Fed after his term as chair ends.
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