Reuters Poll: Majority of Economists See Fed Holding Rates at 3.50%-3.75% Through Year-End
A Reuters poll conducted June 23-25 shows that 78 out of 102 economists expect the Federal Reserve to keep interest rates unchanged at 3.50%-3.75% for the rest of the year, up from 72 in early June.
According to the latest Reuters poll of economists, the Federal Reserve is widely expected to maintain its current interest rate range of 3.50%-3.75% through the end of the year. The survey, conducted from June 23 to June 25, found that 78 out of 102 economists anticipate no rate changes, an increase from the 72 who held the same view in early June.
The consensus reflects a growing belief that the Fed will remain patient amid mixed economic signals. The remaining economists in the poll likely expect either a cut or a hike, though the source does not specify their exact forecasts.
This data provides important context for foreign exchange markets, as steady US rates could support the dollar against currencies from economies with more dovish central banks.
Source: FXStreet Forex News