• 90 out of 111 economists in Reuters poll expect the U.S. Federal Reserve to maintain the Fed funds rate within the 5.25%-5.50% range in November.
• 91 out of 111 economists anticipate the Fed to delay rate cuts until at least Q2.
• In a Reuters poll, the majority expecting a Fed rate cut by mid-2024 decreased to 55% from 71% in the previous poll.
• 26 economists in the Reuters poll expressed concern that the first Fed funds rate cut might come later than expected.