A survey from Q3 2022 suggest concerns among the majority of the United States banking industry about the rising Federal Reserve interest rates. 58 percent of the respondents worried that the Fed would overcorrect for inflation by raising the rates too fast and too high. In contrast, 10 percent of the respondents were concerned about not raising the rates fast enough. In terms of the timeline, the majority of the respondents expected that the Fed would hit its peak rate in the first half of 2023. Most respondents believed that the peak rate would be between 4.5 and 7.75 percent. As of December 2022, the Federal Funds Effective Rate was 4.1 percent.
Banker opinion of increasing Federal Reserve interest rates in the United States as of 3rd quarter 2022
The figures shown here are from three separate, but connected survey questions. They were phrased by the source as follows:
"Of the following statements, which most reflects your view?";
"When do you think the Fed will hit its peak rate?";
"In your opinion, what is the peak rate likely to be?"
The source adds the following information: Out of the 454 respondents, 151 were CEOs, 42 were presidents, 235 were CFOs, and 26 were COOs. Figures have been rounded.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Website (intrafi.com). (October 31, 2022). Banker opinion of increasing Federal Reserve interest rates in the United States as of 3rd quarter 2022 [Graph]. In Statista. Retrieved January 23, 2025, from https://www.statista.com/statistics/1121091/us-banker-perspective-fed-interest-rates/?__sso_cookie_checker=failed
Website (intrafi.com). "Banker opinion of increasing Federal Reserve interest rates in the United States as of 3rd quarter 2022." Chart. October 31, 2022. Statista. Accessed January 23, 2025. https://www.statista.com/statistics/1121091/us-banker-perspective-fed-interest-rates/?__sso_cookie_checker=failed
Website (intrafi.com). (2022). Banker opinion of increasing Federal Reserve interest rates in the United States as of 3rd quarter 2022. Statista. Statista Inc.. Accessed: January 23, 2025. https://www.statista.com/statistics/1121091/us-banker-perspective-fed-interest-rates/?__sso_cookie_checker=failed
Website (intrafi.com). "Banker Opinion of Increasing Federal Reserve Interest Rates in The United States as of 3rd Quarter 2022." Statista, Statista Inc., 31 Oct 2022, https://www.statista.com/statistics/1121091/us-banker-perspective-fed-interest-rates/?__sso_cookie_checker=failed
Website (intrafi.com), Banker opinion of increasing Federal Reserve interest rates in the United States as of 3rd quarter 2022 Statista, https://www.statista.com/statistics/1121091/us-banker-perspective-fed-interest-rates/?__sso_cookie_checker=failed (last visited January 23, 2025)
Banker opinion of increasing Federal Reserve interest rates in the United States as of 3rd quarter 2022 [Graph], Website (intrafi.com), October 31, 2022. [Online]. Available: https://www.statista.com/statistics/1121091/us-banker-perspective-fed-interest-rates/?__sso_cookie_checker=failed
