
Respondents In March, the CNBC Fed Fed survey increased the risk of decline in six months and lowered the growth forecast for 2025 and trained their inflation forecast.
Most of the changes are due to the Tax Policy of the Trump Administration, especially in the United States Economy, to replace inflation. Outlook for S & P 500 fell down for the first time from September to September.
32 respondents covering the fund’s managers, strategies and experts raised the probability of January to 23% to 23%. January number fell for three years and showed the first optimism after the presidential election Donald Trump. But like many consumers and business surveys, the probability of recession is now a significant concern about the forecast.
“We had many discussions with investors who left Trumps due to trading,” he said, “Macroeconomics said. “Means that more economically threats are growing more than soft coatings.”
The level of “Policy’s volatility” has never been, “said John Donaldson, Director of Stable Success in Haverford.
The average forecast of GDP for 2025 decreased from 2.4% to 1.7%, which ended with an increase in three pre-polls from September to September. Gross domestic product in 2026 in accordance with the preliminary forecasts in 2026.
The threat of “consumer expenses” has decreased, “said the head of economic researches of Nil Duta, Renaissance Macro research. “Low costs in the frozen housing market and low costs for state and local government, there is a decrease in 2025 GDP to current prices.”
Reduction of the MS
Most often reduces the price to the federal reserve at least twice and not, even if there is a high price and weak growth, not. Three fourths predict two or more quarterly cuts this year. Some of the reasons, two-thirds believe that tariffs will lead to a one-time grade than to start in inflation. The uncertainty of the policy has formed simple types of Most Fed, which does not seem to be cut at all as normal.
However, tariffs and weak growth are a fed dilemma.
The seat of the federation is “very convenient here, because it exceeded,” Peter Bumkvar, Chief Investment Officer, Blakley Finance Group. “If it is concerned about their growth, he reduces rates, but then Trump trumps all tariffs, which jumped with a gun.”
More than 70% of respondents believe tariffs are bad for inflation, work and growth. Thirty-four percent say 34% of 34% tariffs reduce their collection of 22%, which they do not change. Thirty-seven percent of respondents believe that tariffs will produce more results in production. More than 70% believe that the efforts of the Government’s efficiency to reduce the government’s employment will lead to growth and damage to the workplace, but in simple terms.
“The Global Trade War has reduced the state work, aggressive immigrants, and dysfunctions in DC, and dysfunctions in DC will eliminate what a special economy is,” Mark Zandi, Chief Economist, Moody’s Analytics.

