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Federal Reserve Holds Rate Amid Powell's Likely Final Monetary Policy Meeting
Central banks across the globe are watching closely as the Federal Reserve (Fed) maintains its benchmark interest rate at its projected range of 3.50% to 3.75%, which could mark the second unknown member of President Powell to guide the nation. Meanwhile, Powell's likely final monetary policy meeting comes at a time of uncertainty due to spiking energy prices and stalled negotiations on an end to the Gulf crisis. The Fed officially modified its rates again in December 2025.