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%.
What matters is Chair Jerome Powell’s tone,” he says. “We expect him to sound more dovish, with the Fed going to shift from acting to waiting.
Nigel Green, CEO of deVere Group, believes this cut will likely be the last for some time, with the next potential cut possibly not occurring until spring or summer 2026.
Author's summary: Fed rate cut expected to be last until summer 2026.