Inaugural Franklin Templeton Institute Global Investment Management Survey Uncovers Predictions on Interest Rates, Inflation, Equity Market Growth and More

SAN MATEO, Calif.--(BUSINESS WIRE)--According to the inaugural Franklin Templeton Institute Global Investment Management Survey, the U.S. Federal Reserve will deliver four interest rate cuts this year, in line with the four cuts predicted by the futures market and one more than the three cuts projected by the Fed’s own “dot plot.” As a result, the 30-year mortgage rate is projected to fall from nearly 6.7% to roughly 5.6% by the end of 2024. The survey results, revealed today by Franklin Templeton, encom ...