
The Federal Reserve raised its target range for the federal funds rate to 3.75~4.00% and significantly increased its forecast for the policy rate at the end of this year from 3.8% to 4.1%.
Furthermore, it projected that the interest rate would be maintained at 4.1% in 2027 as well, putting a brake on market expectations for future interest rate cuts.
Hmm...
The market didn't react much to the news that there could be another increase.
▶ Original source: https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20260916.pdf?utm_source=chatgpt.com