Annabelle Gordon | ReutersRespondents to the CNBC Fed Survey for December are sure the Federal Reserve will cut rates on Wednesday, but they are less sure whether it should.
Amid forecasts for somewhat higher inflation and lower unemployment than in the prior survey, 93% see a quarter-point cut coming.
"I can't remember being this uncertain about the inflation outlook," said economist Robert Fry.
They are divided on the growth effects, with 41% seeing the policies as "somewhat positive" for growth and 41% viewing them as "somewhat negative."
Several survey participants wrote in "tariffs" specifically as a top threat.
Persons:
Jerome Powell, Annabelle Gordon, Trump, Troy Ludtka, Joseph LaVorgna, Donald Trump's, Robert Fry, Joel Naroff, Stocks
Organizations:
Federal, Committee, CNBC Fed Survey, Federal Reserve, SMBC Nikko Securities
Locations:
Washington , U.S, U.S, Mexico, Canada, China