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Economists predict the Fed will make two or fewer rate cuts this year, with the first expected between July and September. The BIS chief anticipates 'major progress' on rates. Despite expectations for multiple rate cuts, there are concerns about the Fed possibly cutting rates fewer times than expected due to the growing economy, as revealed in surveys by CNBC and Chicago Booth. Some respondents fear the Fed may halt its balance sheet reduction too early or too late.
🔴 FED COULD CUT RATES FEWER TIMES THAN EXPECTED AS ECONOMY KEEPS GROWING - CNBC SURVEY https://t.co/RTkqzlDDYC
Fed Could Cut Rates Fewer Times Than Expected As Economy Keeps Growing - CNBC Survey https://t.co/TSDIvePIbj
❖ FED COULD CUT RATES FEWER TIMES THAN EXPECTED AS ECONOMY KEEPS GROWING One-third of respondents say the bigger risk is the Fed stopping too early and leaving its balance sheet too large, 19% are worried about the Fed stopping the runoff too late, but a 37% plurality say…
