Reuters poll: More than 50% of economists expect the Federal Reserve to cut the federal funds rate by 75 basis points this year
2024-08-19 12:59:00
According to Road Survey 101 Bit Economist Scientist 55 Expect Federal Reservedesk3cryptocurrencydesktopCrypto News
According to a Reuters poll, 55 of 101 economists expect the Federal Reserve to cut the federal funds rate by 75 basis points this year (up from 50 basis points in July), and economists surveyed expect average U.S. economic growth of 2.5 percent in 2024 and 1.8 percent in 2025.
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