Wells Fargo Predicts Multiple Fed Rate Cuts by Mid-2026

Financial services giant Wells Fargo predicts the Federal Reserve will reduce interest rates through five 25 basis point cuts, reaching a range of 3.50% to 3.75%, by mid-2026. The bank anticipates three consecutive rate reductions at upcoming meetings, followed by further adjustments in March and June 2026, bringing the target rate range down to 3.00% to 3.25%.