Claim False

Wells Fargo anticipates that the Federal Reserve will implement five in...

Wells Fargo: Wells Fargo anticipates that the Federal Reserve will implement five interest rate cuts o... Published Sep 10, 2025. Status: False. The evidence s...

  • Actor: Wells Fargo
  • Topic: Economy
  • Status: False
  • Published: Sep 10, 2025
  • Deadline: Jun 30, 2026
Wells Fargo anticipates that the Federal Reserve will implement five interest rate cuts of 25 basis points each by mid-2026, with three consecutive rate cuts in upcoming meetings, reducing rates to a range of 3.50% to 3.75% by the end of 2025, and further reductions in March and June 2026, bringing the rate range down to 3.00% to 3.25%.

FactTracker assessment

The evidence shows that the Federal Reserve did cut interest rates by 25 basis points three times in 2025, re...

Original source: binance.com