State Street strategist still sees three rate cuts in 2026. The market expects zero.

State Street strategist still sees three rate cuts in 2026. The market expects zero. - MarketWatch The U.S. central bank voted to hold rates at the current 3.5%-3.75% target at the Federal Open Market Committee's latest meeting on Wednesday. The move was widely expected by Wall Street as oil prices have spiked since the U.S. and Israel first started to strike Iran at the end of February, inflation remains above the Fed's 2% target and the labor market has cooled, with stalling hiring over the past two month ...