Yonhap Infomax NewsING forecasts Federal Reserve will implement two 25bp rate cuts in September and December 2026, viewing energy-driven inflation as transitory despite holding rates at 3.50-3.75% in March FOMC meeting, citing weakening labor market conditions and insufficient demand momentum to sustain broader price pressures.
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ING - March FOMC to View Inflation as Transitory, Rate Cuts Expected in September and December
ING forecasts Federal Reserve will implement two 25bp rate cuts in September and December 2026, viewing energy-driven inflation as transitory despite holding rates at 3.50-3.75% in March FOMC meeting, citing weakening labor market conditions and insufficient demand momentum to sustain broader price pressures.