The Federal Reserve may be disappointed with the expectations of interest rate cuts in 2026

ChainCatcher news, according to Jinshi reports, the interest rate market is pricing in a series of long-term rate cuts by the Federal Reserve starting this month, with the Fed's target rate range expected to drop below 3% by the end of 2026. Neil Dutta from Renaissance Macro stated that this anticipated path of significant rate cuts is unlikely to be reflected in the Fed's dot plot in September. Dutta noted, "The FOMC meeting is approaching, and it's hard to see how the Fed will meet expectations."