Analyst Ella Gude expects the Federal Reserve to maintain its current interest rates at the upcoming September meeting. The federal funds rate currently stands between 3.50% and 3.75%, with a median year-end projection of 3.8%. Markets interpret this position as a strong indicator that a rate hike is unlikely in the near term, with the probability of such a hike by September 2026 estimated at 23.5%. This analysis aligns with the broader consensus among economists forecasting stable rates through the end of 2026.
Source: Read the original article
