As of November 30, 2025, the end of 2026 has not yet occurred, so we cannot determine whether the federal funds rate will be in the 2–3% range by that time.

What we can say now:

• The Federal Reserve began cutting rates in 2024–2025 after its earlier hiking cycle, but the current federal funds rate target is still well above 2–3% (exact level depends on the latest FOMC decision, which as of late 2025 remains in the mid‑single digits range, not near 2–3%).
• Because the prediction is specifically about the level of rates by end of 2026, and that date is in the future, there is no way yet to classify the prediction as right or wrong.

Therefore the correct classification at this time is "inconclusive" (too early).