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Most economists see Fed holding key interest rate through March: Survey
Most economists are expecting the Federal Reserve to hold key interest rates steady, according to a Wednesday survey. A Reuters poll found that 58 percent of surveyed economists predict no change this quarter, while a majority expect two cuts later this year. In a narrow vote last month, the Fed cut interest rates to a range of 3.5 to 3.75 percent, marking a reduction of 0.25 percentage points. President Trump has touted economic growth from tariffs and urged the embattled Fed Chair Jerome Powell to lower interest rates substantially to maintain the purported gains he describes. “The economic outlook on the surface ... (full story)
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