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Reuters Poll: 65% expect Fed funds to be at 5% – 5.25% at end of year

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A Reuters poll of economists shows:

  • 65% expect the Fed funds rate to be at 5% – 5.25% at the end of the year (75 of 116)
  • 73% expect the US to fall into recession this year ( 34 of the 46)
  • 54% see the US default over debt ceiling is higher than previous standoffs (22 of 41)

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