📊WSJ SURVEY: Inflation projections rise as Fed rate cuts are now off the table for 2026 Economists surveyed by the Wall Street Journal raised their CPI forecast from 3.2% to 3.4% by December as the Iran war left inflation more persistent than expected. The Fed is expected to hold rates at 3.5% to 3.75% through year end with only 15% of economists seeing a hike as probable. Oil hit $112.95 at the peak of the conflict and has since fallen back to $71 after the June ceasefire, per WSJ.(Coin Bureau)