Fed Rate Decision Today
Today, Wednesday, April 29, 2026, the Federal Open Market Committee (FOMC) will release its third interest rate decision of the year. This specific meeting carries historic weight as it marks the final policy announcement and press conference for Jerome Powell before he concludes his tenure as Fed Chair.
What to Expect at 2 PM ET
Market participants are currently pricing in a near 99% certainty that the Fed will keep interest rates unchanged at the current target range of 3.50% to 3.75%. However, the "early query" for crypto investors isn't the rate itself, but the language used regarding inflation and the transition to incoming leadership.
- Announcement Time: 2:00 PM ET (Statement release)
- Press Conference: 2:30 PM ET (Jerome Powell’s final Q&A)
- Crypto Context: Bitcoin (BTC) is hovering around $77,200, showing a "wait-and-see" approach.
Why the Fed Announcement Matters for Crypto Today
Cryptocurrencies are widely categorized as "risk-on" assets. Their prices are heavily influenced by global liquidity conditions, whi...
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