Reuters Poll: Fed to hold policy rate at 3.50%-3.75% until at least September
55 of 82 economists polled by Reuters think that the Federal Reserve (Fed) will keep the policy rate unchanged at the 3.5%-3.75% range at least until September.

55 of 82 economists polled by Reuters think that the Federal Reserve (Fed) will keep the policy rate unchanged at the 3.5%-3.75% range at least until September.

65 out of 82 economists expect the Fed to cut the policy rate once or twice this year.

"The Personal Consumption Expenditures (PCE) index - the Fed's preferred inflation measure - is expected to rise an annual 3.3%, 3.1% and 2.9% in the second, third and fourth quarters, respectively, broadly 50 basis points higher than forecasts from just two weeks ago," Reuters said.

Market reaction

The US Dollar (USD) preserves its strength in the second half of the day on Thursday. At the time of press, the USD Index was up 0.25% on the day at 99.90.

More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Explore More Tools
Trading Academy
Browse a wide range of educational articles covering trading strategies, market insights, and financial fundamentals, all in one place.
Learn More
Courses
Explore structured trading courses designed to support your growth at every stage of your trading journey.
Learn More
Webinar
Join live and on-demand webinars to gain real-time market insights and trading strategies from industry experts.
Learn More