Fed rate hikes are coming, but not this week: CNBC survey
Summary
A recent CNBC survey indicates that the vast majority of respondents expect the Federal Reserve to keep interest rates unchanged during its upcoming meeting this week. However, those same market participants overwhelmingly anticipate that rate hikes will resume in the near future.
The CNBC Fed Survey shows that 93% of respondent expect a pause at the Federal Reserve meeting taking place this week.
Source: Read the full story at Economy
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.