Federal Reserve officials cut rates again but signaled a cautious outlook, projecting only one additional interest-rate cut in 2026.

Policymakers remain divided on forecasts, with some predicting steady rates next year while others anticipate multiple reductions.

Updated projections point to stronger economic growth and gradually easing inflation, supporting a slower, more measured rate-cut path.

Market expectations for 2026 rate moves changed little, reflecting confidence that policy easing will remain limited and data-dependent.