Federal Reserve Expected to Hold Interest Rates Steady Today

The Federal Reserve is widely anticipated to maintain its current interest rate target range following the conclusion of its Federal Open Market Committee (FOMC) meeting today, April 29, 2026. The decision, expected at 2:00 PM ET (18:00 UTC), is closely watched by investors for signals on future monetary policy direction. The dollar has remained steady in Asian trade ahead of the announcement, reflecting market expectations of a pause.