Reuters Poll: Fed to hold policy rate at 3.50%-3.75% until at least September
View all comments(0)
55 of 82 economists polled by Reuters think that the Federal Reserve (Fed) will keep the policy rate unchanged at the 3.5%-3.75% range at least until September.
65 out of 82 economists expect the Fed to cut the policy rate once or twice this year.
"The Personal Consumption Expenditures (PCE) index - the Fed's preferred inflation measure - is expected to rise an annual 3.3%, 3.1% and 2.9% in the second, third and fourth quarters, respectively, broadly 50 basis points higher than forecasts from just two weeks ago," Reuters said.
Market reaction
The US Dollar (USD) preserves its strength in the second half of the day on Thursday. At the time of press, the USD Index was up 0.25% on the day at 99.90.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Like
Recommended Articles
Featured Tools
Top News
Broadcom Second-Quarter Earnings Preview: $100 Billion Market Value Volatility Warning, AI Infrastructure Demand Faces Verification

Oracle Corp Stock (ORCL) Moved Up by 6.39% on May 29: Facts Behind the Movement

Computex 2026 Set to Open, Jensen Huang Leads Tech Giants Gathering in Taipei, What Highlights Are Worth Expecting?

Samsung vs SK Hynix: Which AI Memory Stock Is Better? How to Invest?

Oil Prices Plunged 20% in May, Under the Fog of U.S.-Iran Tensions, Where Are Oil Prices Heading?







Comments (0)
Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.