Fed to Hold in October, Hike in December? Economists Nearly Unanimous as Three Risks Loom

English summary

A survey indicates that 94% of economists expect the Fed to maintain rates at 3.75%-4.00% in October, while all respondents anticipate a rate hike in December. Although the economy remains resilient due to AI-driven investment, inflation has exceeded the 2% target for nearly six years, with rising risks of a higher peak rate and two additional hikes.