# 4-30-26 Fed Holds Rates as Powell Stays On Page: https://stenobird.com/podcast/the-real-investment-show-podcast-500742/4-30-26-fed-holds-rates-as-powell-stays-on Text version: https://stenobird.com/podcast/the-real-investment-show-podcast-500742/4-30-26-fed-holds-rates-as-powell-stays-on.md Podcast: [The Real Investment Show Podcast](https://stenobird.com/podcast/the-real-investment-show-podcast-500742) Published: 2026-04-30T17:40:00+00:00 Episode link: https://lancerobertsshow.libsyn.com/4-30-26-fed-holds-rates-as-powell-stays-on Audio file: https://traffic.libsyn.com/secure/lancerobertsshow/4-30-26_Fed_Holds_Rates_as_Powell_Stays_On.mp3?dest-id=797352 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-real-investment-show-podcast-500742/episodes/4-30-26-fed-holds-rates-as-powell-stays-on Duration seconds: 2700 ## Resource The Federal Reserve held interest rates steady at 3.5%–3.75%, but the bigger story may be what comes next. Powell announced he plans to remain on the Federal Reserve Board as a governor after his term ends—an unusual move that limits a potential board vacancy and keeps his influence in play. Lance Roberts & Michael Lebowitz examine what this means for monetary policy, market expectations, and the timing of future rate cuts. Key topics include: 0:00 - INTRO 1:02 - Closing Out April, Moving Into May: earnings season winding down 3:52 - Eli Lilly & GLP-1 4:21 - No Change in Fed Stance & Oil Prices 6:04 - Market Consolidation Continues 9:56 - Mrs. Roberts Moderates & Likes for Lebo 11:47 - Mag-4 Earnings Review 16:16 - Eli Lilly & Myriad Applications for GLP-1 19:13 - Most Uneventful Eventful Fed Meeting 23:22 - Office Politics at The Fed 26:01 - The Hawkish Take is the Correct One 27:41 - What Really Drives Inflation (not car insurance) 31:47 - Inflation Varies by Location 33:15 - The Fed is Stuck 34:59 - Oil Futures Pricing & the "Sweet Spot" 36:47 - Earnings & Profit Margins - Where's the Risk? 39:08 - Caterpillar Earnings & Data Center Construction Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/oYQSPI-_BqE?feature=share ------- Watch today's "Before the Bell" feature, "Market Stalls as Risks Build," here: https://youtu.be/SSzwq4AG2-0 ------- Watch our previous show, "Q&A Wednesday: Markets & Your Money ," https://youtube.com/live/xzazFr20EOE ------- * REGISTER for our next Candid Coffee, Satur… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-real-investment-show-podcast-500742/episodes/4-30-26-fed-holds-rates-as-powell-stays-on/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-real-investment-show-podcast-500742/4-30-26-fed-holds-rates-as-powell-stays-on.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.