Factbox-Major brokerages see one more Fed rate hike in 2026 after policy meeting
SPY•Brokerage forecasts for 2026
| Brokerage | Total hikes in 2026 | No. of hikes in 2026 | Fed funds rate |
|---|---|---|---|
| BofA Global Research | 50 bps of hikes | 2 (October and December) | 4.25%-4.50% |
| Goldman Sachs | 25 bp rate hike | 1 (October) | 4.00%-4.25% |
| J.P. Morgan | 25 bp rate hike | 1 (December) | 4.00%-4.25% |
| Nomura | 25 bp rate hike | 1 (December) | 4.00%-4.25% |
| HSBC | 25 bp rate hike | 1 (December) | 4.00%-4.25% |
| Barclays | 25 bp rate hike | 1 (December) | 4.00%-4.25% |
| Deutsche Bank | 25 bp rate hike | 1 (December) | 4.00%-4.25% |
| UBS Global Wealth Management | 25 bp rate hike | 1 | 4.00%-4.25% |
| UBS Global Research | 25 bp rate hike | 1 (December) | 4.00%-4.25% |
| Morgan Stanley | 25 bp rate hike | 1 (December) | 4.00%-4.25% |
| Macquarie | 25 bp rate hike | 1 (December) | 4.00%-4.25% |
| BNP Paribas | 25 bp rate hike | 1 (December) | 4.00%-4.25% |
| Citigroup | No policy change | _ | 3.75%-4.00% |
Fed signals further tightening after latest rate hike
Sept. 17 (Reuters) - Top brokerages expect the Federal Reserve to raise interest rates at least once more this year after policymakers signaled further tightening following their latest rate hike.
The Fed raised its benchmark interest rate to a 3.75%-4.00% range on Wednesday, marking its first hike in three years and the first policy move under the central bank's new chief, Kevin Warsh, who took office in late May after being selected by President Donald Trump with expectations of rate cuts.
