Fed to raise rates once more in December as inflation risks stay high: Reuters poll Reuters
Fed to raise rates once more in December as inflation risks stay high: Reuters poll - Reuters
In short
Economists surveyed in a recent Reuters poll anticipate the Federal Reserve will implement an additional interest rate increase in December. The decision to pursue another rate hike is primarily driven by persistent inflation risks that remain elevated across the economy. As these price pressures endure, the central bank maintains its focus on policy tightening to ensure long-term stability.
Key points
- Borrowing costs are projected to rise again as the Federal Reserve combats persistent inf…: Borrowing costs are projected to rise again as the Federal Reserve combats persistent inflation.
- Elevated inflationary risks remain the dominant factor guiding the central bank's rate tr…: Elevated inflationary risks remain the dominant factor guiding the central bank's rate trajectory.
- Policymakers are maintaining an aggressive monetary stance through the final month of the…: Policymakers are maintaining an aggressive monetary stance through the final month of the year.