Economists predict that the Federal Reserve will cut interest rates twice this year, raising concerns about the nomination of Walsh

According to Jin Ten's report, based on a Bloomberg survey, economists have pushed back their expectations for the Federal Reserve's next rate cut from March to June, but still anticipate two rate cuts of 25 basis points each before the end of the year. The survey shows that nearly one-third of economists express concerns about Kevin Warsh, the chairman nominee proposed by Trump. The median of the survey indicates that economists expect interest rates to be in the range of 3% to 3.25% by the end of this year.