Fed projects 50 bps of rate cuts in 2026 and 2027, lifts PCE inflation forecasts

The Federal Open Market Committee’s (FOMC) latest dot plot, released on Wednesday, indicates that interest rates will average 3.4% by the end of 2026, in line with the December projection.

Fed projects 50 bps of rate cuts in 2026 and 2027, lifts PCE inflation forecasts
The Federal Open Market Committee’s (FOMC) latest dot plot, released on Wednesday, indicates that interest rates will average 3.4% by the end of 2026, in line with the December projection.

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