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[Reuters Poll: Trump Policy Sparks Inflation Worries, Fed Seen On Hold In January] January 17Th: A Reuters Survey Shows That The Federal Reserve Will Keep Interest Rates Unchanged On January 29Th And Will Cut Rates Again In March. Policymakers Are Digesting A Series Of New Economic Policies Expected To Be Introduced In Washington. Lingering Inflationary Pressures May Only Prompt The Fed To Cut Rates Further.Concerns About Trump'S Pledges, From Imposing Tariffs Across The Board, Extending Tax Cuts To Expelling Illegal Immigrants, Have Already Caused U.S. Bond Yields To Rise Sharply Since Before His Inauguration. The Already Robust Economic Outlook And The Fed'S Future Rate Path Will Depend On The Extent To Which The New Administration Fulfills These Promises. Of The 103 Economists Surveyed, All Expect The FOMC To Keep The Key Rate At 4.25%-4.50% During The Meeting On January 28Th-29Th, With Nearly 60% Expecting A Rate Cut In March. 65 Of The 102 Economists Surveyed Expect Two Rate Cuts Or Fewer This Year. The Survey Also Shows That By The End Of 2025, The Federal Funds Rate Will Be Between 3.75% And 4.00%, Significantly Higher Than The 3.00% To 3.25% Predicted Just A Few Months Ago.
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