Economists Agree: Fed to hold rates in 3.50%-3.75% range this year – Reuters poll
According to the June 23-25 Reuters poll, 78 of 102 economists expect that the Federal Reserve (Fed) will hold interest rates steady in the current range of 3.50%-3.75% the entire year, up from 72 economists who anticipated the same in the early June poll.
An improvement in a majority of economists supporting the Fed maintaining the status quo by the year-end is defying firm market expectations of at least one interest rate hike by the central bank this year.
The CME FedWatch tool shows that the odds of the Fed raising interest rates at least once this year are 81.7%
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pushing Forward Against the "AI Slowdown" Trend? Reports Suggest Kioxia Plans U.S. IPO to Raise at Least $10 Billion
Kioxia is reportedly considering raising $10 billion through a listing in the United States.
3 Altcoins Poised to Pump Soon: LTC, TRX, ADA
AI Computing Power Construction Shifts from "Lack of Electricity" to "Lack of Talent": Modularization Rises, Schneider, Vertiv, Eaton Embrace New Opportunities
Bernstein recently released a research report stating that, amid the rapid expansion of AI computing power, the main constraint affecting the development of data centers is undergoing a shift.
Zcash slides from $1,300, risk of $850 pullback before new rally
Crypto prices
More
