# Bessent Says Future Fed Rate Increases Are Not Automatically Mistakes By Riza Dagoc Canonical URL: https://www.tokenpost.com/news/regulation/43325 Published: 2026-10-29T08:00:48.000Z Updated: 2026-10-29T08:00:48.000Z Section: Regulation > The Fed held its benchmark rate steady. UBS has projected two further increases by March 2027. Treasury Secretary Scott Bessent said a future Federal Reserve rate increase would not automatically be a policy mistake, hours after the central bank kept its benchmark rate unchanged. The Fed has not announced any additional rate increases. UBS's [forecast for two further rate increases through March 2027]() calls for moves in December 2026 and March 2027, following the Fed's September increase. ## Links in this article - [forecast for two further rate increases through March 2027](https://www.tokenpost.com/news/regulation/32803)