Fed cuts again, puts jobs ahead of jitters The Fed wrapped up its December meeting with a third straight quarter-point rate cut, taking the federal funds target range down to 3.5% – 3.75%, the lowest since late 2022. Policymakers framed the move as “insurance” for a cooling job market, even as inflation remains above the 2% goal. The central bank’s dot plot, which anonymously shows the expectations of 19 individual members, indicates a median estimate of 3.4% for the federal funds rate at the end of 2026. This is a quarter point lower than the current range of 3.5% – 3.75% and is less aggressive than the market had anticipated. The big takeaway for housing: Borrowing costs are drifting lower, but the Fed is clearly not opening the floodgates. The FED is Still forecasting JUST 1 RATE CUT for 2026! https://www.federalreserve.gov/newsevents/pressreleases/monetary20251210a.htm?utm_source=chatgpt.com https://www.cnbc.com/2025/12/10/feds-dot-plot-shows-one-rate-cut-for-next-year.html