Economists, the Fed will leave rates high longer than expected - Breaking news. The Fed will be forced to keep rates at higher levels for a longer period than the markets expected.
Two-thirds of economists believe the central bank will make two or fewer interest rate cuts this year, with the first likely to come between July and September. For analysts it is a given that there will be no reduction in the cost of money and the expectation is more on growth estimates and dot plots, the tables that indicate the Fed members' forecasts on the trend in rates.