[CNBC Television] First rate hike not expected until November 2022: CNBC Fed Survey

🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: CNBC’s Ylan Mui reports on results from CNBC’s latest Fed survey. For access to live and exclusive video from CNBC subscribe to CNBC PRO: The Federal Reserve will stay on course with its easy monetary policies for at least the rest of this year, despite the looming threats of higher prices and a tightening labor market, according to the latest CNBC Fed Survey. As in previous surveys, respondents forecast the first major change the Fed will make to monetary policy will be to reduce its $120 billion in monthly asset purchases, projecting a tapering announcement in October 2021 and the reduction to begin in January 2022, the same month predicted in CNBC’s April survey. However, survey respondents predicted the first rate hike would happen in November 2022, one month earlier than the previous survey’s forecast, and for the first time since December 2018, one respondent predicted an interest rate hike at this FOMC meeting. Of the 35 respondents, 86% say the current level of asset purchases are not needed to help the market function – a major increase from the 68% who answered the same way in the April survey. Even more respondents – 89% — say the asset purchases are not needed to help the economy, up from 65 percent in April. When asked about inflation, 63% say the risk to the economy is high enough that the Federal Reserve should reduce purchases now. “Basic economics argues strongly that the U.S. is hobbled by the responsiveness of the supply curve of both products and labor and not from a deficiency in demand,” wrote John Ryding, chief economic advisor at Brean Capital. “Monetary policy should be pivoting to address the risk of rising inflation and not be operating in a backward-looking framework.” “Inflation will accelerate faster and prove to be more persistent than the Fed expects but will not substantially alter their timetable for unwinding QE or hiking interest rates,” said Mark Vitner, senior economist at Wells Fargo Corporate Investment Bank. » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBCTV
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