UBS Global Wealth Management now expects the US Federal Reserve to keep interest rates unchanged through 2026, delaying rate cuts until 2027 amid a hawkish outlook. The firm forecasts two 25-basis-point cuts in March and June 2027, as markets reassess inflation risks, energy pressures, and global central bank policy stance.

UBS Global Wealth Management now expects the US Federal Reserve to keep interest rates unchanged through 2026, delaying rate cuts until 2027 amid a hawkish outlook. The firm…

Fed holds rates steady between 3.5% and 3.75%. Rate cuts in 2026 at 20.5% YES.

The Federal Reserve's June 2026 dot plot raised the median year-end rate projection to 3.8%, eliminating expected cuts and signaling possible hikes ahead.

Rob Kaplan of Goldman Sachs warns the Federal Reserve may raise interest rates by September 2026 if inflation stays high, reversing rate-cut expectations.