A Reuters poll showed 25 economists said the Bank of Korea would cut the base rate by 25 basis points to 2.75 percent on Feb. 25.
Bank of America economists said that the Fed's suspension of interest rate cuts in January is clearly a basic scenario. If the labor market stops gradually cooling, the rate-cutting cycle may end. (Jin Ten)
According to a survey of economists by foreign media, 90% of respondents believe that the Federal Reserve will cut interest rates by 25 basis points on December 18, and most expect the Fed to pause interest rate cuts in late January next year due to concerns about rising inflation risks. But the vast majority of economists (58 out of 99) predict that the Federal Reserve, which has cut interest rates by 75 basis points since September, will keep rates unchanged at its meeting on January 28-29 nex...
Economists expect the November non-farm payrolls report to show that the U.S. created 200,000 jobs in November, while adding just 12,000 jobs in October due to distortions caused by two hurricanes and the Boeing strike. The unemployment rate is likely to rise slightly to 4.2% in November, compared to 4.1% in October. Meanwhile, average hourly earnings are expected to rise 3.9% in November, following a 4.0% increase in October. Powell said at an event this week that...
Reuters poll: 73 of 75 economists think the European Central Bank will cut deposit rates by 25 basis points to 3.00% in December; two expect a 50 basis point cut.
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...
While almost 90 per cent of economists still expect the Bank of Japan to raise interest rates by the end of March, a slim majority believe it will forgo another rise this year, according to a Reuters poll. The findings underline the challenges the BoJ faces in normalising policy at a time when most of the world's central banks are leaning towards lower rates and there is uncertainty over the preferences of the new political leadership for monetary policy.
According to a Reuters poll, 86 of 107 economists believe the Federal Reserve will cut interest rates by 25 basis points to 4.25% -4.50% in November and December, and by the end of 2025, the Federal Reserve will cut the federal funds rate to 3.25% -3.50%.
Many investors and some economists worry that the Fed has waited too long, putting the labor market and economic growth on thin ice and injecting volatility into the financial marekt. The latter was evident in the Treasury market on Friday when traders abruptly resumed bets on a 50 basis point rate cut. November's presidential election also puts the Fed's decision-making in an unpleasant position. Republican candidate and former President Donald Trump has warned that the Fed should not cut rates...
According to a Reuters poll, 92 of 101 economists expect the Federal Reserve to cut the federal funds rate by 25 basis points to 5.00% -5.25% on September 18; nine of them expect a 50 basis point cut.
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...
Most economists surveyed expect the Fed to cut interest rates by only 25 basis points in September, contrary to calls from some of Wall Street's largest banks for a significant rate cut. Nearly four-fifths of economists surveyed by foreign media predict that the Fed will cut interest rates by 25 basis points at the September meeting, and most of the remaining economists predict a larger cut. The median forecast shows an emergency adjustment before the September meeting...
Economists at Goldman Sachs said they thought there was "a strong case" for the Fed to cut rates at its July 30-31 meeting, but did not change their forecast that the Fed would start cutting rates in September. The latest unemployment and inflation data suggest that the Fed's monetary policy rules call for the federal funds rate to be 4 per cent, compared with the current target range of 5.25-5.5 per cent. As a result, Jan Hatzius, chief economist at Goldman Sachs, said in a note: "We expect rat...