Bloomberg Survey: Economists predict three interest rate cuts in the United States throughout the year – 20240317 – Ming Pao

According to a Bloomberg survey, National Mutual Chief Economist Kathy Bostjancic believes there will be no major changes in interest rates and macroeconomic forecasts. However, she predicts that the median inflation rate will rise slightly this year. This was an adjustment from her previous forecast.

Economists predict U.S. interest rate cuts

Economists' forecasts for three U.S. interest rate cuts throughout the year remain unchanged, according to a Bloomberg survey. This means they believe the U.S. central bank will cut interest rates multiple times this year in response to economic uncertainty.

Median inflation expectations raised

Although interest rates and macroeconomic forecasts have not changed much, economists' median forecast for inflation this year has increased. This could mean they predict inflationary pressures will increase.

Personal Consumption Expenditure Price Forecast

The last forecast mentioned personal consumption expenditure prices this year, but the article did not mention specific data. However, judging from the survey results of economists, their forecasts for personal consumption expenditure prices may be affected by an increase in the inflation rate.

in conclusion

Overall, economists' forecasts for the U.S. economy remain stable, but expectations for inflation have increased, according to the Bloomberg survey. This could have implications for future interest rate policy and personal consumption expenditures.