NASHVILLE — A mistake by the US central bank in setting interest rates during the last phase of its inflation battle is the main risk that could undercut the economy over the next year, according to a new survey of economists released as Federal Reserve chairman Jerome Powell was set to speak on Monday.
Among 32 professional forecasters surveyed recently by the National Association for Business Economics, 39 percent cited a “monetary policy mistake” as the “greatest downside risk to the US economy over the next 12 months.”
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