Morningstar predicts that the Federal Reserve will cut interest rates twice in the second half of 2027 and further lower interest rates in 2028 to push the federal funds rate down to the 2.50%-2.75% range by the end of 2028.

Morningstar predicts that the Federal Reserve will cut interest rates twice in the second half of 2027 and further lower interest rates in 2028 to push the federal funds rate down to the 2.50%-2.75% range by the end of 2028.