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A survey of 101 economists found that 49 expect the Federal Reserve to maintain the federal funds rate in the 3.50%-3.75% range for the remainder of the year. The share of economists holding this view rose from 30 out of 103 respondents in an April poll.
A recent survey of economists shows a majority view that the Federal Reserve will keep its benchmark interest rate unchanged through the end of 2026. 75%. Forty-nine respondents said they expect the rate to remain at that level for the rest of the year. This marks an increase from the previous survey conducted in April, when 30 out of 103 economists expressed the same expectation.
The poll did not specify the exact dates of the current survey or identify the organization that conducted it. No individual economist or institution was named in the results. The federal funds rate is the interest rate at which banks lend reserves to each other overnight. It influences borrowing costs for mortgages, business loans, and consumer credit across the economy.
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cnbc.comFederal Reserve Governor Christopher Waller said an above-target core inflation reading this week would require the FOMC to consider raising rates soon. He added that several months of cooler data are needed before he would view inflation as clearly declining toward the 2 percent…
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