{"id":902206,"date":"2026-04-29T04:12:38","date_gmt":"2026-04-29T09:12:38","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/04\/29\/fed-interest-rate-tomorrow-what-to-expect-will-it-be-powells-last-speech\/"},"modified":"2026-04-29T04:12:38","modified_gmt":"2026-04-29T09:12:38","slug":"fed-interest-rate-tomorrow-what-to-expect-will-it-be-powells-last-speech","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/04\/29\/fed-interest-rate-tomorrow-what-to-expect-will-it-be-powells-last-speech\/","title":{"rendered":"Fed Interest Rate Tomorrow: What to Expect, Will It Be Powell\u2019s Last Speech"},"content":{"rendered":"<div role=\"main\" id=\"main-content-row\">\n<article id=\"the-post\" data-post-url=\"https:\/\/coinpedia.org\/news\/fed-interest-rate-tomorrow-what-to-expect-will-it-be-powells-last-speech\/\" data-post-title=\"Fed Interest Rate Tomorrow: What to Expect, Will It Be Powell\u2019s Last Speech\" data-post-edit=\"https:\/\/coinpedia.org\/wp-admin\/post.php?post=560172&#038;action=edit\">\n<div>\n<figure><img width=\"1200\" height=\"628\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2026\/04\/28171524\/ChatGPT-Image-Apr-28-2026-04_57_14-PM-1200x628.webp\" alt=\"Federal Reserve Chair Jerome Powell speaking at a podium with the words \"INTEREST RATES\" and an upward-trending arrow made of US dollar bills against a purple market chart.\" data-main-img=\"1\" decoding=\"async\" fetchpriority=\"high\"><\/figure>\n<\/div>\n<div>\n<p>The U.S. Federal Reserve is set to <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">announce<\/a> its April interest rate decision tomorrow. Markets are pricing in a 100% chance that rates stay unchanged at 3.5%\u20133.75%, making the actual decision almost a formality.<\/p>\n<p>But the biggest catalyst is tomorrow\u2019s Jerome Powell\u2019s last speech and every word will carry extra weight.<\/p>\n<h2 id=\"h-fed-likely-to-hold-rates-steady-at-3-5-3-7\">Fed Likely to Hold Rates Steady At 3.5% \u2013 3.7%<\/h2>\n<p>Nobody on Wall Street or in the crypto space is seriously expecting a rate cut on 29th April.\u00a0<\/p>\n<p>Even according to CME FedWatch and prediction markets Polymarket, there is almost a 100% chance that rates remain unchanged after this meeting. If that happens, it would be the third straight pause in 2026.<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"807\" height=\"791\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2026\/04\/28160844\/image-529.png\" alt=\"CME Fed expected to keep rates at 3.5%\u20133.75%\"  ><\/figure>\n<p>And the reason is simple as the inflation is still above the Fed\u2019s 2% target.\u00a0<\/p>\n<p>As the latest CPI data showed the annual inflation rate <a href=\"https:\/\/coinpedia.org\/crypto-live-news\/us-cpi-rises-to-3-3-in-march\/\" target=\"_blank\" rel=\"noreferrer noopener\">jumping to 3.3%<\/a> in March, the highest level since 2024, fueled by geopolitical instability and rising energy costs.\u00a0<\/p>\n<p>Even the job growth has slowed, but unemployment is still low, and growth remains positive.<\/p>\n<h2 id=\"h-is-this-powell-s-last-press-conference-ever\">Is This Powell\u2019s Last Press Conference Ever?<\/h2>\n<p>Even if rates stay unchanged, what really matters tomorrow is Powell\u2019s press conference, his comments on future rate cuts. Also, its jerome Powell\u2019s last speech as his term as Fed Chair is ending on May 15, 2026.\u00a0<\/p>\n<p>Traders will closely watch three things:<\/p>\n<ul>\n<li>Does he hint at a future rate cut later this year?<\/li>\n<li>Is inflation still the main concern?<\/li>\n<li>Does he mention global tensions and oil prices?<\/li>\n<\/ul>\n<p>Although earlier in his speech Powell said that his primary goal is to hand over the economy in \u201cgood shape\u201d to the next Federal Reserve Chair. That suggests the Powell may stay cautious.<\/p>\n<p>President Trump has already nominated <a href=\"https:\/\/coinpedia.org\/crypto-live-news\/trump-picks-kevin-warsh-as-next-fed-chair\/\" target=\"_blank\" rel=\"noreferrer noopener\">Kevin Warsh<\/a> to replace Powell once his term is up.<\/p>\n<h2>Will there be Any Rate Cut Coming in 2026?<\/h2>\n<p>Yes, there is still a chance of at least one Fed rate cut in 2026, but the odds have weakened significantly in recent weeks<\/p>\n<p>Since the beginning of this 2026 there were odds of 2 to 3 rate cuts, but now it\u2019s down to 0 or 1, that too dependent on inflation data.<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"506\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2026\/04\/28161625\/image-71.jpeg\" alt=\"fed rate cut odds down to 0-1\"   data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20900%20506'%3E%3C\/svg%3E\" data-lazy-srcset=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2026\/04\/28161625\/image-71.jpeg 900w, https:\/\/image.coinpedia.org\/wp-content\/uploads\/2026\/04\/28161625\/image-71-300x169.jpeg 300w, https:\/\/image.coinpedia.org\/wp-content\/uploads\/2026\/04\/28161625\/image-71-768x432.jpeg 768w, https:\/\/image.coinpedia.org\/wp-content\/uploads\/2026\/04\/28161625\/image-71-390x220.jpeg 390w\" data-lazy-src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2026\/04\/28161625\/image-71.jpeg\"><\/figure>\n<p>Some major institutional giants like <a href=\"https:\/\/www.jpmorgan.com\/insights\/global-research\/economy\/fed-rate-cuts\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">J.P. Morgan<\/a>, Goldman Sachs, and Morgan Stanley still see one or two cuts later in 2026.<\/p>\n<h2>What This Means For Bitcoin and Crypto<\/h2>\n<p>Bitcoin rose after only 1 out of 8 FOMC meetings in 2025, showing that expectations matter more than the actual decision. Even positive news from Powell\u2019s speech can lead to a drop if it is already priced in.<\/p>\n<p>As of now, Bitcoin is trading near $76,532 and testing a key range between $79,000 and $83,000. A breakout could push it toward $90,000.<\/p>\n<p id=\"h-\">If the Fed gives soft signals or inflation data comes lower, Bitcoin could move higher. But stronger data may cause a short-term dip.<\/p>\n<\/div>\n<div>\n<h3>Trust with CoinPedia:<\/h3>\n<p>CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto &#038; blockchain, right from startups to industry majors.<\/p>\n<h3>Investment Disclaimer:<\/h3>\n<p>All opinions and insights shared represent the author&#8217;s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.<\/p>\n<h3>Sponsored and Advertisements:<\/h3>\n<p>Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.<\/p>\n<\/div>\n<div>\n<h2>We&#8217;d Love to Hear Your Thoughts on This Article!<\/h2>\n<div>\n<h4>Was this writing helpful?<\/h4>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/coinpedia.org\/news\/fed-interest-rate-tomorrow-what-to-expect-will-it-be-powells-last-speech\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Rizwan Ansari<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Federal Reserve is set to announce its April interest rate decision tomorrow. Markets are pricing in a 100% chance that rates stay unchanged at 3.5%\u20133.75%, making the actual decision almost a formality. But the biggest catalyst is tomorrow\u2019s Jerome Powell\u2019s last speech and every word will carry extra weight. Fed Likely to Hold<\/p>\n","protected":false},"author":1,"featured_media":902207,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[428,2052],"tags":[],"class_list":["post-902206","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tomorrow"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/902206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=902206"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/902206\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/902207"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=902206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=902206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=902206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}