Reuters Poll on US Fed rate path and the economy shows:
-
59 out of 105 economists in a Reuters poll expects the Fed to resume rate cuts next quarter, likely in September.
-
Over 60% of those polled see the Fed cutting rates at least twice in 2025.
-
U.S. economic growth forecasts remain unchanged from May:
-
1.4% in 2025
-
1.5% in 2026
-
The Trump Administration would probably like to see more cuts and larger cuts and expect growth to be 3% or more too.
This article was written by Greg Michalowski at www.forexlive.com.
