Fed raises 2026 interest rate forecast to 3.8%
The Federal Reserve has increased its 2026 interest rate forecast to 3.8%, up from 3.4% in March.
This change reflects the Fed’s updated dot plot projections, which were released by the Federal Open Market Committee.
The new forecast indicates that policymakers expect interest rates to be higher by the end of 2026, signaling a shift in monetary policy.