Weak US Jobs Data Shifts Rate-Cut Expectations; Some Forecasts Now See No Cuts in 2026
After reports of softer employment data, expectations around US monetary policy shifted. Market participants increasingly see interest rates staying higher for longer, and some bank forecasts reportedly no longer expect rate cuts through the remainder of 2026.
The shift in expectations has influenced currency markets as well, strengthening the US dollar against the euro amid the belief that US rates may remain unchanged for an extended period.
🏛️ How central banks shape markets
The Lords of Easy Money explains the Fed’s role in modern markets.
👉 Check price on Amazon
The Lords of Easy Money explains the Fed’s role in modern markets.
👉 Check price on Amazon
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