Dissents, oil shocks, and the future of the Fed: 3 takeaways from Powell's last rate decision as chair Jerome Powell has been chair of the Federal Reserve since 2018. FOMC Wednesday was Jerome Powell's last meeting as chair, but he confirmed he'll remain on the Fed as a governor. April's FOMC decision had four dissents, the most in more than two decades. The Iran war and other supply shocks continue to foil the Fed's inflation goals. After eight years, Jerome Powell is clocking out. The Federal Reserve opted to hold rates steady at its third meeting of 2026, which was Powell's last as head of the central bank. From oil shocks to Fed leadership, here are Business Insider's biggest takeaways from the decision. Highest vote split since the 1990s The Federal Open Market Committee had four dissenting votes in Wednesday's rate call — the most since October 1992. Governor Stephen Miran hoped for a rate cut, and Governors Beth M. Hammack, Neel Kashkari, and Lorie K.…