Survey: Fed Won't Cut Interest Rates Until 2024 As It Tackles Inflation
Bankrate’s latest poll matched the Fed’s own outlook, with officials in September showing they don’t expect to cut rates until at least 2024.
Source: bankrate.com
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Survey: Odds Of A Recession By September 2024 Fall To 46%
Those probabilities are still close to a coin flip, but they’re down from an average forecast of 59 percent just last quarter.
Source: bankrate.com
Survey: Inflation Won't Hit The Fed's 2% Target Until 2025
Most experts expect inflation to hit the Federal Reserve’s preferred 2 percent goal post by the end of 2025, Bankrate’s Economic Indicator poll shows.
Source: bankrate.com
Survey: Economists Keep Projecting Unemployment Surge And Hiring Slowdown
Economists see employers adding roughly 44,000 new positions each month on average between now and September 2024, Bankrate’s latest poll found.
Source: bankrate.com
From Tuesday's Dow drop to Friday's rally, here's why it was a whipsaw week for the market
The Fed is watching the jobs market closely, especially wages, as a key inflation source left to bring down, and labor data led to a big market whipsaw.
Source: nbcnewyork.com