A CNBC survey indicates that the Federal Reserve may cut rates fewer times than expected as the economy continues to grow. Concerns include the Fed stopping too early with a large balance sheet and the timing of stopping the runoff.
71% of surveyed economists expect 2 or fewer Fed rate cuts this year (2024). 37% expect 1 or 0 rate cuts. 29% expect 3 or more. Most expect the first rate cut in July (29%) or September (29%). https://t.co/fsN9lcAlU6 https://t.co/mZW0ZqprMC
We are now 24 hours out from the long anticipated March Fed meeting. Odds of an interest rate cut at this meeting are down to just 1%. 3 months ago, markets saw a 90% chance that interest rate cuts would begin this month. Odds of a rate cut at the May 2024 Fed meeting are down… https://t.co/UOC9AJyxcd
Market: 1% probability of a Fed rate cut tomorrow. So you're telling me there's a chance? No. Video: https://t.co/Ug1wfuRY6S https://t.co/hFST4Xs9un