Bank of America gains predictability, with rates at 3.5% to 3.75%

The Federal Reserve concluded its two-day policy meeting on April 29, 2026.

Officials maintained the benchmark federal funds rate between 3.5% and 3.75%.

Markets priced in stable rates due to geopolitical uncertainty, energy prices, and inflation.

The decision provides Bank of America and other major financial institutions near-term predictability.

Analysts are reviewing the FOMC statement and Chair Jerome Powell’s press conference for future guidance.

The Fed's assessment of inflation and economic growth will signal the timing of future adjustments.