The Fed will keep interest rates near zero for at least 3 more years, economist survey says
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.The Federal Reserve will leave its benchmark interest rate at financial crisis-era lows — near zero — until at least 2023, more than half of economists surveyed byThough the Federal Open Market Committee is scheduled to meet next week, 90% of respondents don't expect the meeting to yield any guidance on how long the Fed will maintain its policy course.
When asked how the Fed has handled the virus's economic fallout, 90% of economists praised the bank and deemed its actions correct.The Federal Reserve's benchmark interest rate will remain at historically low levels — near zeroe — until at least 2023, economists surveyed bysaid. The forecasts come as the central bank aims to lift the economy from its coronavirus-induced slouch.
The Federal Open Market Committee is scheduled to meet next week, but 90% of surveyed economists don't expect any substantial forecasts on how long interest rates will stay at current levels.Morgan Stanley explains why the end of wild swings in the stock market is near — and shares the perfect trade to profit from the calm ahead
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