22 Oct 2025 | 5 Mins Read

US Fed plans further rate cuts in 2023, 2026 rate outlook uncertain

Flipitmoney

Economists predict the Federal Reserve will lower its key interest rate by 25 basis points next week and again in December, with 115 out of 117 poll participants expecting a rate of 3.75%-4.00% by October 29 and 71% expecting another cut in December. Poll medians predict a 4.3% unemployment rate through 2027 and inflation averaging above 2% annually through 2027.