Reuters Poll on US Fed rate path and the economy shows:
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59 out of 105 economists in a Reuters poll expects the Fed to resume rate cuts next quarter, likely in September.
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Over 60% of those polled see the Fed cutting rates at least twice in 2025.
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U.S. economic growth forecasts remain unchanged from May:
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1.4% in 2025
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1.5% in 2026
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The Trump Administration would probably like to see more cuts and larger cuts and expect growth to be 3% or more too.
This article was written by Greg Michalowski at www.forexlive.com.