Fed Officials Project One Additional Rate Hike in 2026
Federal Open Market Committee (FOMC) members have projected that at least one more rate hike is expected by the end of 2026. Out of 18 participants, 12 indicated an average target federal funds rate of 4.125%, implying a single additional increase of 25 basis points this year. Four officials foresee two hikes (totaling 50 basis points), while only two believe no further action is needed at the current range of 3.75% to 4%. The projections, known as the
Topics: Federal Reserve interest rates monetary policy rate hikes