The Fed is likely to keep cutting interest rates, CNBC survey finds

92% say the Fed will cut. 66% say the Fed should cut. 100 basis points total of cuts in 2025 and 2026. So, we're not far from the end here. 320 is the uh average funds rate for our 38 respondents uh for the end of 2026. December 2025, just a couple months from now, the Fed will end QT. Richard Bernstein, CEO of Richard Bernstein Advisers, writes into the survey, "Politics rather than financial conditions are clearly influencing the Fed's rate decisions. Financial conditions are near historically easy. Finan ...