Fed Set to Make September Balance-Sheet Announcement: Survey
- Survey shows interest-rate hike not expected until December
- Risks to outlook roughly balanced, with slight downward tilt
Why Fed's Balance-Sheet Unwind May Be an Underrated Risk
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The U.S. Federal Reserve will unveil the timing of its balance sheet unwind in September and wait until December to raise interest rates again, according to a Bloomberg survey of 41 economists.
Results of the survey, conducted July 18-20, showed economists are growing increasingly concerned over the recent slowing of inflation, compared with a similar questionnaire in June. Nonetheless, two-thirds of respondents said Fed officials wouldn’t change the language of their next policy statement to highlight their growing worries. The Federal Open Market Committee meets July 25-26 in Washington.