The Federal Reserve's cautious stance remains unchanged; major investment banks predict that the Federal Reserve will cut interest rates twice in 2026

According to foreign media reports, the Federal Reserve cautiously cut interest rates by 25 basis points on Wednesday and maintained its expectation of one rate cut in 2026. After the decision was announced, most global investment banks reiterated their previous views, expecting the Federal Reserve to cut rates twice in 2026, totaling a 50 basis point reduction.

There are differing opinions on the timing of the rate cuts: Goldman Sachs, Wells Fargo, and Barclays believe that March and June are potential months for the Federal Reserve to cut rates; Citigroup thinks January and March; while Morgan Stanley expects cuts in January and April. JPMorgan anticipates that the Federal Reserve will only cut rates once in January, while Standard Chartered maintains its view that there will be no rate cuts next year.