I wouldn't firmly pencil in two rate cuts this year just yet

Ahead of the Fed's two-day policy meeting: the economy and the interest rate outlook.

By Roger Ferguson
Roger Ferguson on CNBC's Squawk Box, 16 March 2026

Pamir co-founder Roger W. Ferguson, Jr., former Vice Chairman of the Federal Reserve and former CEO of TIAA, joined CNBC's Squawk Box on 16 March 2026 ahead of the Fed's two-day policy meeting.

He discussed the state of the economy, the interest rate outlook and why he would not yet count on two rate cuts this year.

Watch the segment on CNBC (4 min 43 sec).

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