Will the FedFederal Reserve (the Fed). The central bank of the United States. One of its jobs is setting a key interest rate that affects loans and savings. leave interest rates the same on Apr 28?

The short version

After its April 2027 meeting, the Federal Reserve announces whether it will change the interest rate banks charge each otherFederal funds rate. The interest rate banks charge each other for overnight loans. The Fed sets a target for it, and many other rates follow it.. It is one of 5 related markets, one for each possible decision.

Possible results

• No changeRates stay the same, so loan and savings rates tend to stay put.62%

  What has to happen

  The Fed’s statement keeps the top of its target range the same as before the meeting.

• Any raiseBorrowing tends to cost more, and savings tend to pay a bit more.26%

  What has to happen

  Raise by 0.25 points (25 bps) (25%): The Fed’s statement raises the top of its target range by 0.25 percentage points (25 basis points).

  Raise by 0.5 points (50 bps) or more (2%): The Fed’s statement raises the top of its target range by 0.5 percentage points (50 basis points) or more.

• Any cutBorrowing tends to cost less, and savings tend to pay a bit less.13%

  What has to happen

  Lower by 0.25 points (25 bps) (9%): The Fed’s statement lowers the top of its target range by 0.25 percentage points (25 basis points).

  Lower by 0.5 points (50 bps) or more (5%): The Fed’s statement lowers the top of its target range by 0.5 percentage points (50 basis points) or more.

Each result is its own market, so the chances may not add up to exactly 100%.