Wall Street Eyes Potential for Fed’s Last Rate Cut for a While

• Some Wall Street forecasters think the Fed could deliver its last rate cut for a while this week.
• A resilient economy and a reversal of the disinflation trend suggest more cuts aren’t needed for now.
• Some predict a pause at coming meetings, with the potential for hikes to even resume in 2025.

The outlook for interest rates is getting cloudy as a chorus of analysts on Wall Street suggests the Federal Reserve could signal that its ready to pause interest rate cuts at this week’s meeting.