{"id":139246,"date":"2023-09-02T02:05:55","date_gmt":"2023-09-01T20:35:55","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=139246"},"modified":"2023-09-02T02:05:56","modified_gmt":"2023-09-01T20:35:56","slug":"fed-likely-done-raising-rates-us-to-avoid-recession-reuters-poll-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/fed-likely-done-raising-rates-us-to-avoid-recession-reuters-poll-crypto-news\/","title":{"rendered":"Fed likely done raising rates, US to avoid recession \u2013 Reuters Poll – Crypto News"},"content":{"rendered":"

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A poll from Reuters showed that out of 110 economists, 99 expected the Federal Reserve (Fed) to keep interest rates unchanged at the September meeting. \u00a0According to the poll, 80% of respondents do not anticipate any further interest rate hikes by the Fed this year.\u00a0<\/p>\n

A majority of the economists expect the Fed to cut interest rates<\/a> at least once next year, by the end of the second quarter.<\/p>\n

The probability of the US economy falling into a recession has decreased to 40%, after being above 50% since September 2022.<\/p>\n

Market reaction:<\/h2>\n

The US Dollar weakened modestly after the poll, trimming its earlier gains. US stocks moved modestly higher, although they still held significant losses. The price of WTI crude oil<\/a> rebounded back above $80.00, while the price of Gold edged higher towards $1,895.
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Share: A poll from Reuters showed that out of 110 economists, 99 expected the Federal Reserve (Fed) to keep interest rates unchanged at the September meeting. \u00a0According to the poll, 80% of respondents do not anticipate any further interest rate hikes by the Fed this year.\u00a0 A majority of the economists expect the Fed to […]<\/p>\n","protected":false},"author":2,"featured_media":11452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,386,251,246,257,366,255,250,333,252,247,253,249,256,254],"class_list":["post-139246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-centralbanks","tag-chainlink","tag-coin","tag-cryptocurrency","tag-fed","tag-gta","tag-looks-rare","tag-macroeconomics","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/139246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=139246"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/139246\/revisions"}],"predecessor-version":[{"id":147794,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/139246\/revisions\/147794"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/11452"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=139246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=139246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=139246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}