Economists Still See Fed Cutting Rates in June Despite Iran War-Driven Inflation Risks
Economists surveyed in the Reuters March 6-12 poll largely expect the Federal Reserve to begin easing policy in June, despite a sharp rise in global oil prices tied to the U.S.-Israeli war on Iran that has pushed short-term yields higher and shifted market expectations for the first cut. All respondents foresee the Fed holding its policy range at 3…