Fitch: Expects Fed to Cut Rates Twice in First Half, Unemployment to Stay at 4.6% This Year

By: theblockbeats.news|2026/01/08 22:46:02

0

Share

copy

BlockBeats News, January 8th, Fitch Ratings raised its 2025 U.S. GDP growth forecast and 2026 growth projection. This adjustment was made after incorporating economic data delayed due to last year's government shutdown. Fitch currently expects GDP to grow by 2.1% in 2025, higher than the 1.8% forecasted in its December 2025 Global Economic Outlook (GEO). At the same time, the growth forecast for 2026 has been revised upward from the previous report's 1.9% to 2.0%.

Given the incomplete data for October, recent CPI inflation trends have been difficult to interpret. It is estimated that the inflation rate rose to 3.0% in December 2025 (2.7% in November), and due to the delayed impact of tariff pass-through, it is expected to further increase in 2026, reaching an estimated 3.2% by the end of the year. With the slowdown in job growth offset by declining labor force growth, the average unemployment rate in 2026 is expected to be 4.6%, close to recent levels. We expect the Fed to cut interest rates twice in the first half of 2026, lowering the federal funds rate (upper limit) to 3.25%.

(FX678)

-- Price

You may also like

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

BTC still needs 6-8 months to reach its bottom.

Is it still worth buying Circle on the callback?

Is it still worth buying Circle on the callback?

Can Circle transform from a "stablecoin company that earns interest" into a global digital dollar infrastructure?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

This marks a milestone for BIT in optimizing the large-scale fiat onramp channel and enhancing the asset allocation experience for high-net-worth individuals and institutional clients.

Further Oracle Integration Reveals Polymarket's Ambitions

Further Oracle Integration Reveals Polymarket's Ambitions

The expansion of the data source is essentially an expansion of the market radius.

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

In the first quarter of 2026, the overall cryptocurrency market remained highly active, but trading volume gradually declined from the January peak.

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets

We analyzed the entry barriers of the largest markets for nine potential user groups in Asia, as well as the responses of exchanges.

Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity

Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity

Quantum computing will not overturn blockchain, but it will force a reconstruction of its security system.

What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026

What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026

What is Auto Earn and how do you use it? This guide explains how Auto Earn works and how balance increases and referrals may qualify for extra rewards during Auto Earn Boost Fest.

Auto Earn Compared 2026: Which Exchange Gives The Most Extra Bonus?

Auto Earn Compared 2026: Which Exchange Gives The Most Extra Bonus?

What is Auto Earn in crypto? Compare Kraken, OKX, Bybit, Binance, and WEEX Auto Earn features in 2026 and see which platforms provide additional promotional rewards beyond standard yield mechanisms.

Nearly $300M Targeting U.S. Midterm Elections, Tether Exec Leads Crypto Industry's Second-Largest Political Fund

Nearly $300M Targeting U.S. Midterm Elections, Tether Exec Leads Crypto Industry's Second-Largest Political Fund

In the crucial window of legislative bargaining, using political contributions to advance industry interests.

Anthropic's Triple Moment: Code Leak, Government Standoff, and Weaponization

Anthropic's Triple Moment: Code Leak, Government Standoff, and Weaponization

When AI is both the attacker and the defender, can cybersecurity still hold up?

OpenAI and Anthropic both announced acquisitions on the same day, causing dual IPO anxiety.

OpenAI and Anthropic both announced acquisitions on the same day, causing dual IPO anxiety.

The two companies have a valuation difference of more than two times, but they are vying for the same pool of investors' money.

Forbes: Quantum Technology Threatens the Crypto Industry? But It's More Likely an Opportunity

Forbes: Quantum Technology Threatens the Crypto Industry? But It's More Likely an Opportunity

Quantum computing will not upend blockchain, but it will force its security to be restructured.

Rhythm X Zhihu Hong Kong Event Recruitment Skills, Register Now for a Chance to Showcase Live

Rhythm X Zhihu Hong Kong Event Recruitment Skills, Register Now for a Chance to Showcase Live

On April 21, if you are also in Hong Kong, you will have the opportunity to showcase your skills live.

CLARITY Act 2026 Update: Stablecoin Yield Ban, Senate Compromise, and What It Means for Crypto Markets

CLARITY Act 2026 Update: Stablecoin Yield Ban, Senate Compromise, and What It Means for Crypto Markets

The CLARITY Act may reshape stablecoin yield rules, DeFi incentives, and crypto liquidity in 2026. Learn the latest Senate updates, timeline changes, and what the regulation could mean for crypto traders.

Bitcoin mining companies flee for the Nth time

Bitcoin mining companies flee for the Nth time

When mining no longer generates sufficient economic returns, the rational business decision is naturally to shift resources; however, if this trend continues to spread, the question of who will bear the long-term costs of maintaining the security of the Bitcoin network will become a problem that mus...

Stablecoin mergers: there will be no "winner takes all"

Stablecoin mergers: there will be no "winner takes all"

Dialogue with the founder of Dynamic: See how embedded wallets and stablecoins break down technical barriers, allowing businesses to create a "global version of Venmo" within hours, reshaping the trillion-dollar payment infrastructure.

Warmonger Trump has forgotten about Americans waiting in airport lines for hours

Warmonger Trump has forgotten about Americans waiting in airport lines for hours

Feeling down? Just watch the American TSA Agent who takes out a loan every day to go to work now

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

BTC still needs 6-8 months to reach its bottom.

Is it still worth buying Circle on the callback?

Can Circle transform from a "stablecoin company that earns interest" into a global digital dollar infrastructure?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

This marks a milestone for BIT in optimizing the large-scale fiat onramp channel and enhancing the asset allocation experience for high-net-worth individuals and institutional clients.

Further Oracle Integration Reveals Polymarket's Ambitions

The expansion of the data source is essentially an expansion of the market radius.

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

In the first quarter of 2026, the overall cryptocurrency market remained highly active, but trading volume gradually declined from the January peak.

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets

We analyzed the entry barriers of the largest markets for nine potential user groups in Asia, as well as the responses of exchanges.

Popular coins

Latest Crypto News

16:42

Data: 355.09 BTC transferred from an anonymous address, then routed to another anonymous address

According to Arkham data, at 14:40, 355.09 BTC (worth approximately 23.76 million USD) was transferred from one anonymous address (starting with bc1q08cyv...) to another anonymous address (starting with 3GcxuZnE...). Subsequently, that address transferred 355.07 BTC to another anonymous address (sta...

16:42

Ireland launches digital wallet testing, introducing age verification features to protect young people's online safety

According to Bloomberg, the Irish government officially launched the testing phase of the digital wallet on April 3 local time, which includes an age verification feature.According to a statement from the Irish Department of Public Expenditure and Reform, this digital ID will support age verificatio...

16:42

Nevada court extends ban on Kalshi sports prediction market

A judge in Nevada, USA, ruled that the sports prediction market products offered by Kalshi are "substantially indistinguishable" from gambling activities and decided to extend a previously issued temporary ban while also approving a preliminary injunction requested by the state gambling regulatory a...

16:42

Data: The current whale position on the Hyperliquid platform is 3.458 billion USD, with a long-short position ratio of 1.04

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to $3.458 billion, with long positions at $1.766 billion, accounting for 51.07% of the holdings, and short positions at $1.692 billion, accounting for 48.93%. The profit and loss for long positions is -$11...

16:42

If market demand does not meet expectations, Tether may postpone the $500 billion valuation financing

Tether is pushing investors to participate in a new round of financing at an estimated valuation of about $500 billion. If market demand does not meet expectations, the fundraising process may be delayed.Reports indicate that the company has been exploring financing plans since last year, but some i...