Fed holds rates and projects one cut for 2026
What happened. On 18 March 2026 the Federal Reserve kept the target range at 3.50-3.75% and its projections showed one rate cut in 2026 amid higher oil prices.
Why it matters for investors. Projections change with data, and within months the outlook shifted from cuts to possible increases.
Event date: 18 Mar 2026. Source: Federal Reserve Board, FOMC statement and projections.
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