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A new survey by foreign media shows that most economists expect the Federal Reserve to continue cutting interest rates next month, but the 2025 rate cut will be smaller than they expected a month ago due to the policies proposed by President-elect Trump that could lead to higher inflation. Mr. Trump's planned policies, including higher tariffs and tax cuts, have almost halved market expectations for a rate cut by the end of 2025 to about 75 basis points, with markets pricing in less than a 60 pe...
A Reuters poll showed that most economists surveyed believe the Federal Reserve will cut interest rates by 25 basis points at each of the three remaining policy meetings in 2024, and only nine of 101 economists expect the Fed to cut rates by 50 basis points next week. Stephen Stanley, chief U.S. economist at Santander, said: "The jobs report, while weak, is not catastrophic. Neither Williams nor Waller on Friday agreed with...
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