Economists Stick to Fed Rate Cut Call as Markets Price In Hikes

Economists continue to expect the Federal Reserve's next move will be an interest-rate cut even as financial markets price in higher borrowing costs by the end of the year. Forecasters in a Bloomberg survey see the US central bank cutting its benchmark rate by 25 basis points in the third quarter of 2027. Alex Morris, CIO at F/M Investments, discusses the Fed's path forward amid growing concerns of political influence.