Fed to deliver two 25-basis-point hikes in Q1, followed by long pause – Reuters poll – by anilpanchal7 Fed SentimentPoll RiskAppetite DollarIndex InterestRate
steady for at least the rest of the year,” according to most economists surveyed in the latest Reuters poll.More than 80% of forecasters in the latest Reuters poll, 68 of 83, predicted the Fed would downshift to a 25-basis-point hike at its Jan. 31-Feb 1 meeting.
The interest rate view in the survey was slightly behind the Fed's recent projections, but the poll medians for growth, inflation and unemployment were largely in line. However, a significant minority, 34, said rate cuts this year were more likely than not, with 16 citing a plunge in inflation as the biggest reason. Twelve said a deeper economic downturn and four said a sharp rise in unemployment.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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