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The news, and what's likely next.

The Fed · The big questions

How many rate cuts will there be in 2026?

One of the biggest open questions on The Fed, updated every morning · How outlooks work

The outlook

How many rate cuts will there be in 2026?

0 best guess

As of Sep 29, 6:30 PM ET · what forecasting markets expect, not a guarantee. How this works

More big questions on The Fed

What will the Fed decide on interest rates in October?25 bps increase66% ▲14No change34%50+ bps increase1%