economy
February 13, 2026
The interest rate outlook will get another look next week. Here's what's ahead
The Fed's latest meeting minutes set to release in the week ahead will be one of the final ones under Powell's chairmanship, which ends in May.
TL;DR
- Jerome Powell's legacy as Federal Reserve Chair is being shaped as the Fed's dual mandate of maximum employment and stable prices appears to be balancing.
- Upcoming Fed meeting minutes will be among the last under Powell's chairmanship, which concludes in May.
- Inflation is trending towards the Fed's 2% target, and recent jobs reports show strength, but cooler-than-expected CPI data could affect the interest rate outlook.
- Market sentiment is cautious, with only two quarter-point interest rate cuts priced in for the year, and some analysts see no reason for cuts given market highs and economic expansion.
- The market is experiencing a rotation from tech stocks, affected by AI disruption, towards real economy companies like Walmart and Deere, whose stocks have seen significant gains.
- Uncertainty remains regarding the tech sector's performance, with some seeing value opportunities and others anticipating further declines.
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