Reuters Survey: 63 Economists Expect Fed to Cut Rates by 25 Basis Points Next Quarter to 3.25%-3.50%

Gate News Report, March 12 — According to a Reuters survey of 96 economists, 63 expect the Federal Reserve to cut the federal funds rate by 25 basis points in the next quarter, lowering it to a range of 3.25%–3.50%, up from the expectations of 51 out of 101 economists in the February survey. Additionally, among 37 economists surveyed, 29 believe the Fed is more likely to keep rates unchanged for a longer period than previously anticipated.

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