Fed to slow to 50 bps hike in September; recession worries grow: Poll
While poll medians showed a terminal fed funds rate – a level at which they would peak in the current tightening cycle – of 3.50%-3.75%, expected in Q1 2023, nearly 80% of economists who replied to an additional question, 29 of 37, said the risks were skewed towards a higher rate than they expected.
