Economy

CNBC Fed Survey forecasts more aggressive Fed tightening

0


Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, U.S., September 28, 2021.

Kevin Dietsch | Reuters

The CNBC Fed Survey shows market expectations have turned aggressive for Federal Reserve policy tightening this year and next, with respondents looking for multiple rate hikes and significant balance sheet reduction.

The first hike is now firmly seen coming in March, compared with a June expectation in the December survey. Respondents expect 3.5 rate hikes this year, showing that three are agreed but there is debate over whether there’s a fourth. Half…



Source cnbc.com

0 0 votes
Article Rating

Cramer advises investors to stick with ‘great American companies’ to weather market swings

Previous article

NEM 3.0 would cut California solar market in half by 2024: study

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Economy