More than 60% of economists predict that the Federal Reserve (FED) will cut interest rates at least twice this year, with the first cut possibly happening in September.

According to the survey, 59 out of 105 economists believe that the Fed will resume cutting interest rates in the next quarter (possibly in September), and more than 60% of economists predict that the Fed will cut interest rates at least twice this year; Economists surveyed expect the U.S. economy to grow by 1.4% in 2025 and 1.5% in 2026 (the same as the May forecast).

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