US Federal Reserve Expected to Hold Rates Steady Amid Ongoing US-Iran Conflict
US Fed Meeting 2026 LIVE: Will Powell & Co hold rates amid US-Iran war? Wall Street futures mixed ahead of decision
Mint
Image: Mint
The US Federal Reserve is set to announce its interest rate decision today, April 29, 2026, with expectations to maintain the current federal funds rate between 3.5% and 3.75%. Fed Chair Jerome Powell's remarks will be closely monitored due to the ongoing US-Iran war and his impending departure from the role.
- 01The Federal Reserve is expected to keep interest rates unchanged at 3.5%-3.75%.
- 02Jerome Powell's upcoming remarks are crucial due to the ongoing US-Iran conflict.
- 03This meeting may be Powell's last as Fed Chair before his term ends on May 15.
- 04Analysts predict a prolonged higher interest rate environment.
- 05The rate decision will be announced at 2:00 PM ET today.
Advertisement
In-Article Ad
The US Federal Reserve's monetary policy meeting, which began on April 28, 2026, is concluding today with an anticipated announcement regarding interest rates. Analysts expect the Fed to maintain the federal funds rate target range at 3.5% to 3.75%, marking the third consecutive meeting without changes following previous cuts in late 2025. Investors are particularly focused on Fed Chair Jerome Powell's comments, especially in light of the ongoing US-Iran war, which the Fed is closely monitoring due to its potential impact on the economy and inflation. This meeting is significant as it may be Powell's final press conference before his term ends on May 15. The rate decision will be announced at 2:00 PM ET, followed by Powell's press conference at 2:30 PM ET.
Advertisement
In-Article Ad
Maintaining the current interest rate could mean stable borrowing costs for consumers and businesses, impacting loans and mortgages.
Advertisement
In-Article Ad
Reader Poll
Do you think the Fed should change interest rates amid the US-Iran conflict?
Connecting to poll...
More about US Federal Reserve
Read the original article
Visit the source for the complete story.