JPMorgan now expects the U.S. Federal Reserve to raise interest rates twice in 2026, with 25-basis-point hikes projected for September and December. The updated call marks an increase from the bank’s previous forecast, which had penciled in only one rate hike in December. The revision points to a firmer outlook for monetary tightening than JPMorgan had earlier anticipated. The update was reported by BlockBeats on Sept. 14.
JPMorgan expects the U.S. Federal Reserve to deliver two 25-basis-point rate hikes in 2026, one in September and another in December, according to a Sept. 14 update reported by BlockBeats.
The bank had previously forecast just one rate hike in December 2026. The new projection lifts JPMorgan’s expected number of Fed hikes for the year from one to two.
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