If the Fed cuts interest rates today, it may be the last one until June 2026

分组1 - The U.S. Federal Reserve is expected to announce a 0.25% cut to the base rate, bringing it down to 3.5%, with a 90% certainty according to CME FedWatch [1] - Speculators indicate no further cuts are expected in 2026, with only a 41.9% chance of a cut to 3.25% in June [1] - Analysts have differing opinions on future rate cuts, with some predicting two cuts in 2026 and others forecasting one cut each in 2026 and 2027 [2][3] 分组2 - The potential new Fed chair, likely to be a "dove," may influence the FOMC towards more rate cuts, but the overall direction remains uncertain [3][4] - By the end of 2026, it is possible that five of the seven Board of Governors members will be Trump appointees, increasing unpredictability in Fed decisions [4] - Stock markets are currently stable as investors await the rate decision, with S&P 500 futures remaining flat prior to the announcement [5]