Fed Seen Staying on Track for December Rate Increase: Survey
- Economists expect balance-sheet runoffs to start in October
- Fresh uptick in prices slightly eases low-inflation worries
BGC's Ingram Sees Fed Shifting Dots in 2018
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The Federal Reserve will leave interest rates unchanged at its meeting this week while staying on track to lift its benchmark lending rate by a quarter percentage point in December, according to a Bloomberg survey of 42 economists.
Results of the survey, conducted September 12-14, showed economists also widely expect Fed officials to begin winding down their $4.5 trillion balance sheet in October, and will announce that timing at 2 p.m. Wednesday after their two-day meeting in Washington.