Bloomberg Surveillance · Wednesday, September 16, 2026
Following the rate hike, analysts are interpreting the Fed's actions and projections as a signal that the tightening cycle is far from over. Some believe the Fed may be underestimating the work needed to bring inflation under control, suggesting further rate increases are likely.
“The Fed is not done. The odds are they are underestimating just how much work they need to do.”
“All of this speaks to the idea that this is part of a cycle. This is not a one-off. and that this is a Fed that has run out of patience.”
“I think the consensus for at least two rate. 16 out of the 18 dots expect at least two rate hikes this year. And actually, it's a committee that's pretty closely split on whether or not you have two or three rate hikes in total for next year.”