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Banking, Economy

“The Fed will stay in hibernation until at least summer: CNBC survey”

“Federal Reserve policymakers will go into hibernation for as much as six months, holding interest rates unchanged until at least the summer, according to respondents of the December CNBC Fed Survey

“The risks to the outlook for economic growth and inflation are still tilted to the downside, and the door to future rate cuts remains open,” Kathy Bostjancic, chief U.S. financial market economist at Oxford Economics, wrote in response to the survey…”

https://www.cnbc.com/2019/12/09/the-federal-reserve-will-stay-in-hibernation-until-at-least-the-summer-of-2020-cnbcs-fed-survey.html

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