Poll finds that 68 of 83 analysts expect a +25bp rate hike at the Fed's Jan/Feb meeting

  • The Federal Reserve's Federal Open Market Committee (FOMC) next meets on January 31 and February 1.

Main points from the Reuters poll:

  • Federal reserve to raise Fed funds rate by 25 basis points at the January/February meeting, said 68 of 83 economists; 15 said 50 basis points
  • To raise Fed Funds rate to 4.75%-5.00% range by end of March, then pause
  • Fed more likely to hold rates steady than cut them this year after reaching terminal rate, said 55 of 89 economists

Earlier re the Federal Reserve:

Fed's Williams says US inflation still too high, the Fed has more work to do hiking rates

More from Fed's Williams: Won't prejudge size of rate hike at upcoming FOMC meeting

fomc fed dates 2023

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