CNBC Fed Survey sees at least two rate hikes over the next year

  • CNBC Fed Survey respondents now expect at least two Federal Reserve rate hikes within one year.
  • Nearly 3.5% is the average CPI forecast for this year, versus 2.85% for 2027.
  • Roughly three quarters of respondents said inflation extends beyond energy prices.

Respondents to the CNBC Fed Survey now expect at least two Federal Reserve rate hikes over the next year, a significant shift from the view recorded one month earlier. Higher oil prices were cited as a leading reason for the change, while roughly three quarters of respondents said inflation is broader than energy costs alone. The average CPI (consumer price index) forecast rose to nearly 3.5% for this year and 2.85% for 2027.

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CNBC Fed Survey sees at least two rate hikes over the next year - CoinPost Terminal