Reuters poll: 90 of 111 economists see no change in Fed funds rate in November

<ul><li>90 out of 111 economists in Reuters poll expect the U.S. Federal Reserve to maintain the Fed funds rate within the 5.25%-5.50% range in November.</li><li>91 out of 111 economists anticipate the Fed to delay rate cuts until at least Q2.</li><li>In a Reuters poll, the majority expecting a Fed rate cut by mid-2024 decreased to 55% from 71% in the previous poll.</li><li>26 economists in the Reuters poll expressed concern that the first Fed funds rate cut might come later than expected.</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.