Wells Fargo raised its 2027 Fed rate forecast to 4.75–5.00%, signaling higher-for-longer rate expectations.
Macro & Markets ·
Wells Fargo increased its projection for where Fed rates will settle by end-2027 to a range of 4.75–5.00%, moving up from its prior range of 4.00–4.25%. The upward revision reflects expectations that interest rates will remain elevated through that period.