Rate Cut Expectations Are Leaning Dovish, But Not Aggressively

A Reuters survey is showing a fairly clear view on the Fed path this year.

Out of 82 economists, 65 — about 79% — expect the Federal Reserve to deliver one to two rate cuts in 2026.

That matters because it shows the market is not looking for an aggressive easing cycle right now. The dominant expectation is more measured: some policy relief, but not a full pivot.

So the signal here is balanced.

Economists are still leaning toward cuts, but the conviction is centered on a limited move rather than a sharp shift in policy.

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