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Survey: The Federal Reserve is not expected to comply with calls for a major interest rate cut, nor is it likely to cut interest rates urgently

Most economists surveyed expect the Fed to cut interest rates by only 25 basis points in September, contrary to calls from some of Wall Street's largest banks for a significant rate cut. Nearly four-fifths of economists surveyed by foreign media predict that the Fed will cut interest rates by 25 basis points at the September meeting, and most of the remaining economists predict a larger cut. The median forecast shows an emergency adjustment before the September meeting...

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2024-08-09 11:22:13
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