Gate News reports that on March 19, senior U.S. strategist Philip Marey from Rabobank stated that despite upward revisions to inflation and growth expectations, the FOMC still anticipates one rate cut in 2026, indicating it expects to overlook the temporary rise in energy prices. Given the FOMC’s muted response to the inflation impact of the Iran conflict, Rabobank has revised its forecast for the Federal Reserve’s rate cuts in 2026 from three to two, expecting cuts in September and December. The bank believes that once Wosh becomes the new chair, he will try to persuade the committee to implement more than one rate cut. Additionally, the bank warns that further escalation of the Iran conflict could lead to a reduction in the expected number of rate cuts in 2026.