Significant chance of Fed rate cut in 2020 - Reuters poll

Omkar Godbole FXStreet Contributor

The US Federal Reserve is done raising interest rates until at least the end of next year, according to economists in a Reuters poll, who put the probability of at least one rate cut by end-2020 at 40 percent.

Still, nearly a quarter of respondents expect the Fed to raise rates at some point this year on hopes of an economic revival, contradicting the rate hike pause signaled by the Fed last week.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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