【CBRE】Fed is likely to hold rates steady — here’s how that impacts consumer costs

• The Federal Reserve is overwhelmingly expected to keep its overnight rate unchanged at the conclusion of its next policy meeting on April 28-29, which could also be Jerome Powell’s last as Fed chair.
• The Department of Justice on Friday dropped its criminal investigation into Powell, which could clear the way for the confirmation of President Donald Trump’s nominee, Kevin Warsh, to replace him.
• The central bank’s benchmark has a trickle-down effect on many of the borrowing and savings rates consumers see every day.
• Here’s a rundown of how the Fed’s moves influence your finances.

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