US Fed charts "Goldilocks" path for 2026 as markets weigh dovish signals: DBS

New Delhi [India] December 11 (ANI): The United States Federal Reserve delivered its third consecutive 25-basis-point rate cut, shifting the federal funds rate to 3.75%, in what analysts widely interpreted as a dovish tilt despite persistent inflation and resilient economic activity.In a report, the DBS Group Research analysts shared three key takeaways from the move.The Summary of Economic Projections (SEP) indicates Goldilocks in 2026, it said. GDP growth was boosted to 2.3% from previously 1.8% while core PCE inflation was shaved down to 2.5% from 2.6%.DBS Bank Senior Rates Strategist Eugene Leow highlighted that the dot-plot was kept unchanged one cut each in 2026 and 2027. Third, the purchases of T bills will begin, USD 40bn per month starting 12 December, as the Fed judged that reser