Karen Moskow

Just last month, economists had forecast the first rate cut of the year to come in March.

But with inflationary pressures lingering and signs of stabilization in the labor market, the latest Bloomberg monthly survey shows the timeline has moved further out.

After lowering borrowing costs three straight times to close out 2025, Fed officials are widely expected to hold rates steady at their meeting next week.

And economists in our survey predict the second and final reduction of this year will come in September, unchanged from last month's survey.

Karen Moscow, Bloomberg Radio.

Just last month, economists had forecast the first rate cut of the year to come in March.

But with inflationary pressures lingering and signs of stabilization in the labor market, the latest Bloomberg monthly survey shows the timeline has moved further out.

After lowering borrowing costs three straight times to close out 2025, Fed officials are widely expected to hold rates steady at their meeting next week.

And economists in our survey predict the second and final reduction of this year will come in September, unchanged from last month's survey.

Karen Moscow, Bloomberg Radio.

We get a look at consumer confidence on Tuesday and Wednesday we hear from the Federal Reserve with policymakers expected to hold rates steady in a target range of three and a half to 3.75 percent.

Chair Jerome Powell will hold a news conference after the announcement.

We also get earnings from companies including Meta, Microsoft and Tesla.

Thursday, we'll hear from Apple, and we get the weekly report on initial jobless claims, as well as a look at the trade balance.

Friday, the December producer price index is out, and we get earnings from Exxon and Chevron.

Karen Moscow, Bloomberg Radio.

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