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Live Updates  >  Live Update Details

2026-04-06 21:18:58

[Wells Fargo Makes a U-Turn: No More Rate Cuts in 2026, Previously Predicted Two Cuts This Year] ⑴ Wells Fargo released its latest forecast, expecting the Federal Reserve to keep interest rates unchanged in 2026, compared to its previous forecast of two rate cuts this year. ⑵ This adjustment reflects the institution's reassessment of the inflation path and monetary policy. The recent energy price shock triggered by the Middle East situation is likely a key factor in its revised interest rate outlook.

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