0519 GMT - Danske Bank expects the Federal Reserve to deliver two interest-rate increases--in December 2026 and March 2027--bringing the fed funds rate to 4.00%-4.25%, senior analyst Kirstine Kundby-Nielsen and chief analyst Jens Peter Sorensen say in a note. "We do, however, emphasize that there is a risk that rate hikes could come sooner, and that more than two could materialize," they say. Kevin Warsh's first meeting as Fed Chairman was a clear signal that the Fed is increasingly moving away from using forward guidance around coming monetary policy decisions. "All indications suggest a preference for greater discretion around future policy decisions," the analysts say. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
June 25, 2026 01:19 ET (05:19 GMT)
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