Back to today’s briefing

Story perspectives

Fed Holds Rates 3.5-3.75% Until 2027 Amid 4% Inflation

6/27/2026

22 3 Full Breakdown

Summary

Story summary

Federal Reserve (Fed) will keep its benchmark rate at 3.50%-3.75% through the end of 2027.
Over three-quarters of economists in a Reuters poll June 23-25 expect the rate to stay steady through 2026.
Inflation runs above 4%, double the Fed’s 2% target, prompting Chair Kevin Warsh to say returning it to 2% is the priority.
Fifteen forecasters expect at least one hike this year, outnumbering nine who predict cuts.

1 of 1

Story summary

Federal Reserve (Fed) will keep its benchmark rate at 3.50%-3.75% through the end of 2027.
Over three-quarters of economists in a Reuters poll June 23-25 expect the rate to stay steady through 2026.
Inflation runs above 4%, double the Fed’s 2% target, prompting Chair Kevin Warsh to say returning it to 2% is the priority.
Fifteen forecasters expect at least one hike this year, outnumbering nine who predict cuts.