JPMorgan Raises Fed Rate Hike Forecast: Two Hikes Expected in 2026
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
On September 14, JPMorgan updated its forecast for the Federal Reserve's interest rate policy, now expecting the Fed to raise rates by 25 basis points in both September and December 2026. This marks a change from the bank's previous forecast, which had anticipated only a single rate hike in December of that year. The revised outlook suggests JPMorgan's analysts see a more aggressive tightening path for monetary policy than previously expected, though the specific reasons for the revision are not detailed in the brief report. The forecast is attributed to JPMorgan and reflects the institution's expectations as of the publication date.
Source report
Sept. 14 — JPMorgan has revised its forecast for Federal Reserve interest rate hikes, now expecting increases of 25 basis points each in both September and December 2026. This marks a change from the bank's previous projection, which had anticipated only a single rate hike in December.
Source
domesticNeutral / independent
Part of this Story
Major banks now forecast Fed rate hikes in September and December 2026