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Fed expected to hold interest rates steady in what could be Powell's last meeting

The Federal Reserve is expected to hold interest rates steady Wednesday. It's likely to be Jerome Powell's last rate-setting meeting as chairman of the central bank.

Copyright 2026 NPR

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
A Martínez
A Martínez is one of the hosts of Morning Edition and Up First. He came to NPR in 2021 and is based out of NPR West.
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