PANews reported on April 30th that, according to Cailian Press, at 2:00 AM Beijing time on Thursday, the Federal Open Market Committee (FOMC) of the Federal Reserve released its latest interest rate decision, in line with market expectations, maintaining the target range for the federal funds rate unchanged at 3.5% to 3.75%, marking the third consecutive meeting without taking action. Following the announcement, the three major US stock indices briefly declined, spot gold fell slightly, and the US dollar index rose by 10 points.

The FOMC statement showed that the committee members voted 8-4 to approve the interest rate decision. Milan voted against a 25 basis point cut; the other three dissenting votes came from Hamak, Kashkari, and Logan, who agreed to keep the rate unchanged but "did not support including an accommodative bias in the statement." The last time four FOMC members voted against a rate cut was in October 1992. This division highlights the potential policy challenges Powell's successor may face as the energy shock brings new inflationary risks. The phrase "additional adjustments" is seen as hinting at a possible rate cut, as recent policy adjustments have consistently focused on rate reductions. At the March meeting, Fed officials projected one rate cut this year and another in 2027, at which point the federal funds rate would fall to a "neutral" level of approximately 3.1%.