Fed is likely to lower rates only two more times, even under Trump's next chair pick: CNBC Fed survey
CNBC·2026-01-27 21:00
U.S. Federal Reserve Chair Jerome Powell speaks as he holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S., Dec. 10, 2025. Kevin Lamarque | ReutersDespite the expected arrival of a new Trump-appointed Federal Reserve chair in coming months, respondents to the CNBC survey are only forecasting modest changes to the funds rate over the next two years.The results, which mirror pricing in Fed Funds futures market, ...