Reuters poll sees first Fed rate cut delayed to September
Most economists expect the Fed to hold rates until September despite market fears of a hike. They anticipate a late-year cut as energy shocks subside.
Xurve View
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Xurve View
Economists surveyed by Reuters suggest that the Federal Reserve will likely keep interest rates in the United States unchanged until September. This outlook comes despite financial markets pricing in a potential for rate hikes as the conflict between Israel and Iran continues to impact global energy markets. While crude oil prices have climbed more than 40% over the last month, many industrial players, including Oiles Corporation, are closely monitoring the situation for long-term impacts on manufacturing costs and global demand.
