"Federal Reserve's Rate Cut Timeline and Market Expectations"

According to the CNBC Fed Survey, respondents anticipate fewer interest rate cuts by the Federal Reserve than what the market expects, with only 9% predicting a cut in March and a majority of 70% foreseeing a cut in June. The survey suggests an average of just over three rate cuts, in contrast to the five to six cuts priced in by futures markets. While respondents predict a cautious Fed, they believe it should be more aggressive, with 56% seeing the risk of the Fed cutting rates too late. Additionally, the survey indicates a forecast for a slowdown in GDP to 1.3% and a rise in unemployment to 4.3%, but with a spectrum of views on the economic outlook.