Will the Federal Reserve cut interest rates at the April 29, 2026 FOMC meeting?

Question

Resolves YES if the FOMC announces any rate cut at its April 28-29, 2026 meeting. Resolves NO if rates are held steady or raised.

The Fed held rates at 3.50-3.75% at the March 18 meeting. The median FOMC projection is for one cut in 2026. Futures pricing suggests a cut is almost entirely priced out for April, with easing not expected until at least September.

Manifold Markets · Answer

Almost certainly not — Manifold Markets prediction market estimates a 1% chance (1 traders, as of Apr 2, 2026).

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