A Reuters survey of 107 economists reveals that 105 expect the Federal Reserve to cut interest rates by 25 basis points to a range of 4.00%-4.25% on September 17. The anticipated rate cut is attributed to a weakening labor market overshadowing inflation risks. Most respondents also foresee another rate cut in the next quarter, with the possibility of three cuts in total for the year.
Survey Predicts Fed Rate Cut Amid Weak Labor Market
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