Chase Bank: Federal Reserve Expected to Cut Interest Rates Five Times by Mid-2026
BlockBeats News, September 10th, JPMorgan Chase predicts that the Federal Reserve will cut interest rates five times by mid-2026, each time by 25 basis points. The bank expects three consecutive rate cuts in the future meetings, bringing the rate to 3.50%–3.75% by the end of the year, followed by two more cuts in March and June 2026, bringing the rate range to 3.00%–3.25%. The prospect of rate cuts reflects a soft labor market, with only a 29,000 increase in average employment in August and the unemployment rate rising to 4.3%. Inflation remains a challenge, with core PCE growing by 2.9% year-on-year. JPMorgan Chase points out that inflation expectations remain stable, raising the likelihood of a U.S. economic recession next year to 35%. However, economic growth is expected to be stronger in the coming years. With the effectiveness of fiscal stimulus and rate cuts, the GDP growth rate in 2026 is expected to reach 2.4%. (FX Street)
You may also like

Huang Renxun's Latest Podcast: Will NVIDIA Reach $1 Trillion? Will the Number of Programmers Increase Instead of Decrease? How to Deal with AI Anxiety?

Besides Resolv Hack, This DeFi Vulnerability Type Has Occurred Four Times

Trump Cries Peace, $1.5 Billion Dash | Rewire News Evening Brief

From x402 to MPP: Cloudflare's crucial vote, will it go to Coinbase or Stripe?

BlackRock CEO issues annual open letter: The wave of tokenization has arrived, and we will lead this trend

When Backpack backstabs the community

When gold is no longer a safe haven, and Bitcoin continues to panic

Trump, the World's Largest Oil Trader

If the US and Iran have not reached an agreement in 5 days, what other cards does Trump have?

Tether Whale Dumps £12 Million, Backing Crypto’s ‘British Trump’

Ethereum Foundation Post: Rethinking the Division of Work Between L1 and L2 to Build the Ultimate Ethereum Ecosystem

Two Major Prediction Market Platforms Unite Rarely, What Is the Story Behind This New Fund?

Dragonfly Partners: Most agents will not engage in autonomous trading, how can crypto payments prevail?

US AI Startup Goes All In on Chinese Mega-Model | Rewire News Morning Brief

Trump Lies Again: A "Five-Day Pause" Psyop, How Wall Street, Bitcoin, and Polymarket Insiders Synced Uposciogen

When a Token Becomes Labor, People Become the Interface

Ceasefire News Leaked Ahead of Time? Large Polymarket Bets on Outcome Before Trump's Tweet

