The countdown has begun for the US Federal Reserve’s interest rate decision, eagerly awaited by the cryptocurrency and global markets.
Accordingly, the Fed will announce its interest rate decision for April today, followed by an oral statement from Fed Chairman Jerome Powell.
After three consecutive interest rate cuts that began in September last year, the Fed has not made any interest rate cuts in 2026. This month, the Fed is also expected to keep its policy interest rate range stable at 3.50–3.75 percent.
When Will the FED’s April Interest Rate Decision Be Announced?
The Fed will announce its April interest rate decision on April 29, 2026 at 9:00 PM Turkish time.
Following the decision, Federal Reserve Chairman Jerome Powell will make oral statements at 9:30 PM.
In Which Direction Are Expectations Focusing?
With the US-Iran conflict in the shadow of the decision, it is widely expected that the Fed will keep its policy interest rate unchanged at 3.50-3.75 percent tonight.
Ahead of the April 2026 meeting, the general consensus in financial markets is that the Fed will continue its “wait-and-see” strategy. 100% of market participants predict that interest rates will remain unchanged in their current range.
As the Fed seeks stronger evidence that inflation is permanently approaching its 2% target before considering interest rate cuts, a policy change in April is considered unlikely.
According to analysts, concerns that rising energy costs due to conflicts in the Middle East could increase inflationary pressures are influencing pricing towards the Fed.
Ahead of the April meeting, economists and market analysts are outlining two main scenarios. In the first scenario, if the pace of inflation’s decline to the target 2% level slows, the Fed is expected to keep interest rates unchanged at their current levels. In the second scenario, if a significant cooling is observed in US employment data, it is predicted that the Fed may initiate its first interest rate reduction cycle of the year at this meeting.
At this point, Chicago Fed President Austan Goolsbee states that if high oil prices resulting from the Iran war persist for an extended period, delaying progress towards the 2% inflation target, interest rate cuts could be postponed until after 2026.
Goolsbee stated, “If we resolve the oil price shocks in the Middle East, and see inflation decline and heading back towards the 2 percent level, then interest rate cuts will become an option on the table.”
Furthermore, Federal Reserve Chairman Jerome Powell’s remarks are expected to provide critical signals for future monetary policy. This meeting also holds particular significance as it will be Powell’s final monetary policy meeting, where he will deliver his official farewell message.
The Fed will announce its interest rate decisions in June, July, September, October, and December of 2026.
*This is not investment advice.
coindesk.com