Federal Reserve Survey: Despite fears of stagflation, most respondents still expect the central bank to cut interest rates later this year.

Zh tng cijng APP hu xzi goq hungigo shy y jngj fngsu snchng yl jiochng de zh zhng ynyng xishchng du migu jngj qinjng y f bigunrn'rwimi zuxn 5 yu mi linfd dioch xinshdush shufng zh rng yjmi linfd jing zi jnnin j mngnin jingl y yngdu bdun jij de jngj p run. Fintwits News has learned that under the shadow of "stagflation" which is a combination of high inflation, high unemployment, and economic slowdown, the market is becoming increasingly pessimistic about the future of the US economy. However, the latest May survey by the US Federal Reserve shows that the majority of respondents still expect the Fed to cut interest rates this year and next to address the worsening economic weakness.