PGIM forecasts three Federal Reserve rate hikes in 2026 followed by cuts in 2027, diverging sharply from Wall Street consensus and futures market pricing.

PGIM forecasts three Federal Reserve rate hikes in 2026 followed by cuts in 2027, diverging sharply from Wall Street consensus and futures market pricing.

Fed signals potential rate hikes this year amid rising inflation. Rate cut by June 2026 at 0.1% YES.