AI SPENDING MAY LIMIT FED RATE CUTS IN 2026 AI-driven growth could keep the U.S. economy strong enough to temper expected Fed rate cuts next year. While markets price in up to three cuts, Mackenzie’s Dustin Reid says faster growth from AI may require tighter policy, pushing Treasury yields higher. He expects the 10-year yield to reach 4.4% by mid-2026, up from 4% today.(*Walter Bloomberg)