Fed Leaves Rates Unchanged, Projects One Cut in 2026

Three members who favored no cuts in this year moved their diets down to one. The statement goes on to say The implication of developments in the Middle East for the US economy are uncertain and the committee remains attentive to risks to both sides of their mandate. They still see one more cut in 2027.Stephen Myron, the only dissenter he wanted a quarter point cut this time. And from the dots, we discern that he still wants 100 basis points at some point this year. The language about future moves remains t ...