According to a Reuters survey: out of 108 economists, 72 indicated that the Federal Reserve will cut interest rates for the first time in June

According to a Reuters survey: 72 out of 108 economists believe that the Federal Reserve will cut interest rates for the first time in June; Among the 108 economists, 52 believe that the Federal Reserve will cut rates by 75 basis points or less in 2024, while 26 believe it will be a reduction of 100 basis points; Out of the 44 economists, 38 think that there is a greater chance that there will be fewer rate cuts shown on the March dot plot.