The Fed didn't surprise today!.
- No rate cuts this meeting, again.
- Now only ONE cut planned for 2026, and another for 2027.
- Inflation forecast for 2026 bumped up to 2.7%.
- Middle East risks? The Fed calls them "uncertain."
- 11-1 vote. Governor Miran stands alone in dissent.
Will the FED do more than one rate cut in 2026?