Reuters Poll Shows Most Economists Expect One or Two Federal Reserve Rate Cuts
According to a Reuters poll, 65 of 82 economists expect the Federal Reserve (United States central bank) to lower interest rates one to two times this year.
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Terms & Concepts
Federal Reserve: The central bank of the United States, responsible for setting monetary policy and influencing borrowing costs.
Rate cut: A reduction in benchmark interest rates, typically used to support economic activity and ease financial conditions.