It's too early in the 2020 presidential election season to be definitive, but Trump's re-election chances could be tied to the economy. WSJ's Gerald F. Seib explains the politics of a good economy for Trump. Photo: GettyWASHINGTON—Economists are increasingly saying the Federal Reserve’s cycle of interest-rate increases is over—and that its next move will be a cut. In a Wall Street Journal survey of economists this month, economists split roughly evenly over the direction of the Federal Reserve’s next interest-rate move, with 51% saying the next move would be a cut and 49% predicting a rate increase. That is up from 44% who said in the April survey that the Fed’s next move would be to lower rates and 19% in the March survey.

Source: Wall Street Journal May 09, 2019 14:00 UTC