WASHINGTON -- Most market participants expect the Federal Reserve to announce another round of stimulus this week, but nearly six in 10 doubt it will lower unemployment.
Those were the findings of a CNBC survey, released Wednesday, of 58 money managers, strategists and economists.
The poll also found financial markets prefer Republican Mitt Romney over President Obama in November's election 53% to 18%.
But if they had to bet, they'd put their money on the incumbent. Asked who they expected to win, 46% of respondents said Obama and 24% said Romney, with the rest unsure.
Wall Street and Washington are watching closely as the Fed's policymaking body, the Federal Open Market Committee, starts a two-day meeting on Wednesday.
With last week's disappointing jobs report adding to worries about the economic recovery, nine in 10 market participants in the CNBC survey said they expected the Fed to launch another stimulative bond-buying program in the next 12 months. That's up from 78% at the end of July and 58% in early June.