US Fed Meeting 2026 LIVE: The US Federal Reserve’s monetary policy meeting for the month of April, which started on 28 April, concluded today. The FOMC announced its decision on the rate trajectory later in the evening on 29 April, wherein it kept the rates unchanged along expected lines at 3.5-3.75%.
This was the third straight policy when the US Federal Reserve kept the rates unchanged. Meanwhile, the central bank cited higher inflation as the reason behind its action.
“Inflation is elevated, in part reflecting the recent increase in global energy prices,” the central bank said.
However, the US Fed recorded four dissents this time — the highest since October 1992. Three officials no longer feel the central bank should communicate a bias towards lowering borrowing costs. Meanwhile, one batted for a 25 bps rate cut.
Track this space for LIVE updates on US Fed meeting.
