FX.co ★ U.S. 2-Year Rate Projection Edges Higher to 3.4% in Q2 2026

The projected interest rate for the U.S. 2-year horizon has risen to 3.4% in the second quarter of 2026, up from 3.1% in the first quarter of the year. The 0.3 percentage point increase underscores a shift toward tighter expected monetary conditions compared with earlier in 2026.

The previous reading of 3.1% was recorded in the first quarter of 2026, while the latest figure of 3.4% reflects the updated outlook as of the second quarter of 2026. The data, last updated on 17 June 2026, indicates that markets or forecasters now anticipate moderately higher rates over the 2-year horizon than they did at the start of the year, signaling changing expectations for the U.S. interest rate path.