1. Bank of America: The Federal Reserve will cut interest rates twice in 2026, in June and July respectively.
2. Goldman Sachs: Expects the Federal Reserve to implement two rate cuts this year, with the first cut in June.
3. Morgan Stanley: Expects the Federal Reserve to cut rates by 25 basis points each in June and September.
4. Barclays: Expects the Federal Reserve to cut rates by 25 basis points each in June and December this year.
5. EY Bordrin: Expects the Federal Reserve to cut rates by a total of 50 basis points this year, but not until the second half of the year.
6. JPMorgan Chase: No longer expects the Federal Reserve to cut rates in 2026; the next move is expected to be a 25 basis point rate hike in the third quarter of 2027.
7. KBC: The next rate cut may not come until March, by 25 basis points. A further 25 basis point cut may be made in the second quarter to reach the neutral interest rate level.
8. Oxford Economics: The Fed will keep policy unchanged until June. Falling inflation will allow the Fed to lower interest rates sooner if the labor market weakens further.
9. ING: The baseline forecast is for the Fed to cut rates in March and June, but the apparent risk now is that this pace could be delayed by three months overall. The Fed's "dual mandate" will face more pressing pressure to achieve a rate cut in March.
10. ANZ: A pause in rate cuts in January was appropriate, but a prolonged pause is unnecessary. The FOMC forecasts 25 basis point cuts in March and June respectively.
11. Wells Fargo: Given the two months of economic data to be released before the March meeting, rate cuts could come earlier, in March and June. The risk to the forecast leans towards a delay in the timing of rate cuts.
