Will the Fed cut interest rates? Here's what to expect at Wednesday's meeting.

TL;DR

The Federal Reserve is widely expected to hold interest rates steady at its April 2026 meeting.
Inflation is at its highest level in nearly two years, influenced by rising energy prices due to the Iran war.
The job market is described as 'plugging along' without significant strength, but not weak enough for a rate cut.
Jerome Powell is expected to have his final meeting as Fed chair before his term ends on May 15.
Kevin Warsh is the likely successor to Powell, with his confirmation process advancing.
Economists have varying predictions for future rate cuts, with some expecting one later in 2026 and others none at all.

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