Fed will return to rate cuts in 2027 on consumer fatigue – Pantheon Macro (US2Y:)

Pantheon Macroeconomics forecasts that the Federal Open Market Committee will pivot to material policy easing next year, lowering the federal funds rate to 3.125% by year-end from the current 3.75%-4.00% target range—even as another 25-basis-point hike remains a near-term risk this year due