The Federal Reserve may be disappointed by expectations of a rate cut in 2026
ChainCatcher news, according to Golden Ten Data, the interest rate market is pricing in a series of long-term rate cuts by the Federal Reserve starting this month, with the Fed's target range expected to fall below 3% by the end of 2026. Neil Dutta of Renaissance Macro stated that such an anticipated sharp rate cut path is unlikely to be reflected in the Fed's September dot plot. Dutta pointed out: "With the FOMC meeting approaching, it is hard to see how the Fed will meet expectations."
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