Economist survey: Federal Reserve will cut interest rates in December, but the pace of rate cuts next year remains a mystery
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 next year. At that time, Trump will return to the White House for more than a week. Except for these two months, economists do not have a clear consensus on the Fed's next move.