POLL-US Fed to Trim Rates Twice More This Year; 2026 Rate Path Very Unclear

The Federal Reserve will lower its key interest rate by 25 basis points next week and again in December, according to a Reuters poll of economists who remain deeply divided on where rates will be by the end of next year.

A month ago, economists had expected just one more cut this year. But the new forecast follows a recent shift in expectations by Fed policymakers toward additional reductions.

Caught between the dual risks of already-elevated inflation climbing higher due to tariffs and a further... 

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