Reuters Poll: 70 of 100 economists see a rate cut in September

Reuters Poll Summary:

• 70 of 100 economists anticipate a 25 basis points cut in the federal funds rate in both September and December, compared to 58 of 116 in June.
• 73 of 100 economists expect the Federal Reserve to cut rates by 50 basis points in 2024. 13 say 25 bps in 2024. 3 see no cuts in 2024