Fed Watchers Trim Rate-Cut Bets; Half of Analysts Now Expect No Cuts in 2026

GateNews
According to Nick Timiraos, the Federal Reserve's closely watched communications official, an increasing number of sell-side institutions and Fed observers are withdrawing or postponing rate-cut expectations from their outlooks on May 9. Timiraos noted that roughly half of analysts now expect the Federal Reserve will not cut rates this year, with this group likely to expand further given the persistent nature of such forecasting shifts.
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