Fed forecasts only one rate cut in 2026, a more conservative outlook than expected

The Fed's dot plot, which shows 19 individual members' expectations, indicated a median estimate of 3.4% for the federal funds rate at the end of 2026.

Fed forecasts only one rate cut in 2026, a more conservative outlook than expected
The Fed's dot plot, which shows 19 individual members' expectations, indicated a median estimate of 3.4% for the federal funds rate at the end of 2026.