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87 of 109 analysts polled expect next week's Fed rate hike to be its last
The latest Reuters poll of analysts finds that all 106 expect the Fed to hike by 25bps at next week's meeting, taking the Fed Funds benchmark overnight interest rate to the 5.25%-5.50% range 19 out of 106 expect the Fed to raise rates again after a July hikeAs for the rate cut question, the share who predicted at least one rate cut by the end of March next year is down to 55% from 78% last monthMore from the Reuters poll:Core inflation will be only slightly lower or remain around the current le...
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Posted: Jul 19 2023, 00:23
Author Name: forexlive
Views: 101920
