Forecasters participating in the CNBC Fed Survey are increasingly optimistic about the U.S. economy's ability to avoid a recession, with growing confidence in achieving a soft landing. Unlike previous surveys, analysts do not foresee a significant slowdown in growth over the next couple of years.
This improved forecast suggests a potential downside: a reduced likelihood of Federal Reserve (Fed) easing, with expectations that officials may forecast fewer rate cuts in 2024 compared to previous estimates.
