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Fed to still cut rates this year, even as high oil prices spark an uptick in inflation: CNBC Fed Survey
The 32 respondents, including fund managers, analysts and economists, see oil prices on average at $88 a barrel six months from now.
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cnbc.com
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Fed to still cut rates this year, even as high oil prices spark an uptick in inflation: CNBC Fed Survey
The 32 respondents, including fund managers, analysts and economists, see oil prices on average at $88 a barrel six months from now.
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Fed still expects to cut rates once this year despite spiking oil prices
The central bank's so-called dot plot showed a median estimate of 3.4% for the federal funds rate, the same as at the end of last year.