Reuters Poll: 65% expect Fed funds to be at 5% – 5.25% at end of year

A Reuters poll of economists shows:

• 65% expect the Fed funds rate to be at 5% – 5.25% at the end of the year (75 of 116)
• 73% expect the US to fall into recession this year ( 34 of the 46)
• 54% see the US default over debt ceiling is higher than previous standoffs (22 of 41)