Survey: Majority of Economists Expect the Fed to Cut Interest Rates in September, with Another Cut Later This Year
BlockBeats News, August 15th - A majority of economists surveyed by Reuters expect the Federal Reserve to cut interest rates for the first time this year in September, followed by another cut before the end of the year as a base case scenario. Concerns about the health of the U.S. economy are growing in the current market environment.
Out of the 110 respondents, 67 individuals (61%) anticipate the Fed to reduce the benchmark interest rate by 25 basis points to 4.0% - 4.25% in September, marking the first cut this year. This is up from 53% in the July survey, with one person expecting a 50 basis point hike. The remaining 42 participants believe the Fed will keep rates unchanged. Over 60% of the respondents (68 out of 110) expect one to two rate cuts this year, similar to the previous month. However, there is no consensus on the level of the federal funds rate by the end of 2025.
Furthermore, 68% of the respondents also anticipate that the Federal Reserve's independence will not be significantly eroded during Powell's remaining term. (Jin10)
You may also like
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
The large models in the United States are moving towards closure in the name of security
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
Why do cryptocurrency projects always like to change their names?
Who is footing the bill for the $64 billion accounting frenzy?
I never expected that the first application of AI x Crypto would be in security auditing
What is your view on Binance's competitive advantages?
ETH has entered a non-consensus phase, and the turning point is approaching!
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.
