Expert Economists Forecast Only One Rate Reduction from US Fed This Year
Tuesday, 11 June 2024, 04:00
US Federal Reserve Rate Cut Forecasts
In the latest FT-Chicago Booth poll, economists project a single rate reduction by the US Federal Reserve during the ongoing year. This prediction underlines the cautious approach adopted by policymakers amidst evolving economic conditions.
Heightened Inflation Outlook
Survey participants have revised their inflation expectations, indicating a more optimistic sentiment towards rising prices. This adjustment suggests a nuanced perception of economic factors shaping the inflationary trend.
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