Will Today's Fed Rate Cut be the Last Until Summer 2026?
The Federal Reserve is expected to cut interest rates by a quarter of a percentage point, lowering the federal funds rate to a range between 3.75% and 4%.
Nigel Green, CEO of deVere Group, says today's cut will likely be the last for some time. What matters is Chair Jerome Powell's tone, he expects him to sound more dovish, with the Fed shifting from acting to waiting.
According to Green, another cut might not happen until spring or even summer 2026, due to the shifting balance of risks, as inflation has eased but growth has slowed sharply.
Key points include:
- Headline CPI is at 3%
- Core CPI is at 3%
Author's summary: The Fed's rate cut may be the last until 2026.