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economy are uncertain. "Uncertainty about the economic outlook remains elevated," the statement added. Despite the uncertain outlook, Fed officials still anticipate making one rate cut in 2026 plus one more in 2027, unchanged from December. Of the 19 FOMC participants, seven signalled they expected…

economy are uncertain. "Uncertainty about the economic outlook remains elevated," the statement added. Despite the uncertain outlook, Fed officials still anticipate making one rate cut in 2026 plus one more in 2027, unchanged from December. Of the 19 FOMC participants, seven signalled they expected rates to stay unchanged this year, one more than the last update in December. The other 12 expect at least one rate reduction.