Economists See Two Fed Rate Cuts in 2026 Following December Move

Federal Reserve officials will vote to cut interest rates again next week to safeguard against rising risks of a sharp deterioration in the labor market, according to economists surveyed by Bloomberg.

The median respondent sees the US central bank following up that move with two more quarter-point cuts in 2026, starting in March. Next week’s cut would extend a string of reductions at the last two policy meetings, in September and October.