"Like Europe, when it comes to our biggest needs we have tended to kick the can down the road," says economist Robert Brusque, who favors Romney. "We need someone to kick us in the can to get us going in the right direction on a different road."
Nine out of 10 market participants don’t believe the Federal Reserve will wait until late 2014 to raise interest rates because of an improving economy and threat of inflation, a new CNBC survey says.
Market participants on average think the S&P 500 will be mostly unchanged through June and rise only 2.3 percent by December 2012 from the current level, the March CNBC Fed Survey finds.
Market participants are divided on whether the Federal Reserve will ease again, but have grown somewhat more optimistic about the economy, according to the January CNBC Fed Survey.
Mirroring a sharp split on the Fed, market participants are divided over the direction of central bank policy with the October CNBC Fed Survey finding just under half expecting the Fed to launch another round of quantitative easing in the next year.
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Markets participants are overwhelmingly banking on the Federal Reserve to deliver a new program to bolster the economy at its meeting this week, according to the latest CNBC Fed Survey.
Market participants now believe the Federal Reserve is more likely than not to resume purchasing assets during the next year in a third round of quantitative easing, the latest CNBC Fed Survey finds.
The stock market is likely to plunge if Congress fails to raise the debt ceiling by Aug. 2, but there is only limited upside if a deal gets done in time, according to the latest CNBC Fed Survey.
The CNBC All-America Economic Survey of 800 Americans finds attitudes towards the economy are about as bleak as they were during the recession.
After better economic data and increasingly hawkish comments from some US central bankers, Wall Street is beginning to price in a more aggressive Federal Reserve, according to the latest CNBC Fed Survey.
Economists, fund managers and strategies who responded to the latest CNBC Fed survey have lowered their outlook for growth and the level of the S&P 500.
The CNBC All-America Economic Survey finds deep pessimism about future economic growth enveloping Americans as they hunker down from the effects of higher gas and food prices and fear that those prices could remain elevated for years.
Ben Bernanke and the Federal Reserve will likely end their efforts to stimulate the economy in June, according to the majority of respondents to the latest CNBC Fed Survey. But a sizable minority of 30% think the central bank is not ready to put its check book away just yet.
The Federal Reserve’s $600 billion stimulus program has done little to lower interest rates and or improve unemployment, though it has boosted stock and commodity prices, a CNBC survey says.
Market participants are virtually certain that the Federal Reserve will announce a substantial amount of asset purchases at the conclusion of its November meeting on Wednesday, according to the latest CNBC Fed Survey.
The Federal Reserve will boost its balance sheet by about half a trillion dollars over a six-month period beginning in November and keep it inflated for up to a year, according to a survey of leading markets participants by CNBC.
The American dream appears increasingly elusive to the average citizen, with the CNBC All-America Economic Survey finding continued high levels of pessimism in the nation’s outlook for incomes, home values and the future of the economy.