---
title: "Wells Fargo still sees two Fed rate cuts in 2026 despite recent hot inflation reports"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286300219.md"
description: "Wells Fargo maintains its forecast for two Federal Reserve interest rate cuts in 2026, despite recent inflation data exceeding expectations. The bank cites elevated inflation due to geopolitical tensions as a reason for the Fed's cautious approach. While inflationary pressures are present, Wells Fargo believes underlying labor market weaknesses will lead to policy support later this year, projecting two 25-basis-point cuts at the Fed's October and December meetings."
datetime: "2026-05-13T17:59:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286300219.md)
  - [en](https://longbridge.com/en/news/286300219.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286300219.md)
---

# Wells Fargo still sees two Fed rate cuts in 2026 despite recent hot inflation reports

Wells Fargo is maintaining its forecast for two Federal Reserve interest rate cuts in 2026, even after recent inflation data came in hotter than expected and raised fresh concerns about the path of consumer prices. The bank said elevated inflation tied to geopolitical tensions, including the ongoing conflict involving Iran, is likely to keep Federa...

### Related Stocks

- [WFC.US](https://longbridge.com/en/quote/WFC.US.md)
- [MORT.US](https://longbridge.com/en/quote/MORT.US.md)
- [JMTG.US](https://longbridge.com/en/quote/JMTG.US.md)
- [JMBS.US](https://longbridge.com/en/quote/JMBS.US.md)
- [PMBS.US](https://longbridge.com/en/quote/PMBS.US.md)
- [SPMB.US](https://longbridge.com/en/quote/SPMB.US.md)
- [JHMB.US](https://longbridge.com/en/quote/JHMB.US.md)
- [FNCL.US](https://longbridge.com/en/quote/FNCL.US.md)
- [XLF.US](https://longbridge.com/en/quote/XLF.US.md)
- [VMBS.US](https://longbridge.com/en/quote/VMBS.US.md)
- [MBB.US](https://longbridge.com/en/quote/MBB.US.md)
- [REM.US](https://longbridge.com/en/quote/REM.US.md)
- [VFH.US](https://longbridge.com/en/quote/VFH.US.md)
- [SMBS.US](https://longbridge.com/en/quote/SMBS.US.md)
- [BNKU.US](https://longbridge.com/en/quote/BNKU.US.md)
- [IAI.US](https://longbridge.com/en/quote/IAI.US.md)
- [WFC-D.US](https://longbridge.com/en/quote/WFC-D.US.md)
- [WFC-L.US](https://longbridge.com/en/quote/WFC-L.US.md)
- [WFC-Y.US](https://longbridge.com/en/quote/WFC-Y.US.md)
- [WFC-C.US](https://longbridge.com/en/quote/WFC-C.US.md)
- [WFC-Z.US](https://longbridge.com/en/quote/WFC-Z.US.md)
- [WFC-A.US](https://longbridge.com/en/quote/WFC-A.US.md)

## Related News & Research

- [Wells Fargo sticks to 2026 rate cut call despite inflation surge](https://longbridge.com/en/news/286493637.md)
- [Wells Fargo Asset Cap Lift Opens New Chapter For Loan Growth](https://longbridge.com/en/news/286301680.md)
- [ANALYSIS-Investors gird for high US Treasury yields as new Fed Chair Warsh battles inflation](https://longbridge.com/en/news/286359372.md)
- [Powell exits Fed as Warsh's inflation stance stirs uncertainty](https://longbridge.com/en/news/286501782.md)
- [World Investment Advisors Purchases 21,282 Shares of Wells Fargo & Company $WFC](https://longbridge.com/en/news/286407343.md)