Survey Points to Federal Reserve Interest Rate Pause This Week

Most economists and fund managers in a recent survey expect the Federal Reserve to keep interest rates unchanged at this week's meeting. The results show that 93% of respondents believe in an immediate pause in the monetary tightening cycle.

Despite the expectation of stability now, 76% of participants foresee an interest rate hike during the December meeting. More than half of those consulted project that the central bank will raise rates an average of two times throughout the coming year.

Experts disagree on the need to slow economic growth to control inflation. About 40% of respondents argue that growth must remain below potential, while other analysts suggest that the current price environment does not justify more aggressive measures at this time.

The survey also highlights concerns regarding the energy market and volatility in sectors driven by artificial intelligence. The cost of financing for technology projects has become higher amid greater scrutiny of capital expenditures.

Projections for the United States Gross Domestic Product remain above the level considered neutral for inflation. The probability of a recession next year was estimated at 26% by the experts surveyed.