Feb
04

Wall Street Cuts Its Rate Forecasts Even Further Below Fed’s

By
  • Economists lower terminal projections to 2.875% in survey
  • Policy makers anticipate a 3.5% rate when hiking cycle ends

Economists are deviating even more from the Federal Reserve in forecasting how high interest rates will rise, joining bond and futures traders in doubting the central bank’s projected policy-tightening path.

Analysts and strategists in a Bloomberg survey cut their forecasts for the Fed’s peak policy rate at the end of this tightening cycle, known as the terminal rate, to a median of 2.875 percent from 3.375 percent in a July poll. That compares with the Fed’s latest forecast of 3.5 percent published in December, down from 3.75 percent in June…

Wall Street Cuts Its Rate Forecasts Even Further Below Fed’s

Share
Categories : Uncategorized

Leave a Reply

You must be logged in to post a comment.