Fed Officials Signal Rate Cuts Delayed Until 2027 as Oil-Driven Inflation Persists
Federal Reserve officials are abandoning near-term rate cut expectations, with Atlanta Fed President Raphael Bostic projecting price pressures won't ease until mid-to-late 2026. The 10-year Treasury yield jumped 10 basis points in under a week as Minneapolis Fed President Neel Kashkari retracted his earlier call for a 2026 rate cut, while oil price shocks threaten to extend the higher-rate environment into 2027.
ViaNews Editorial Team (Markets)•