Bank of America Predicts Two Fed Rate Cuts This Year
Bank of America forecasts that the Federal Reserve will implement two interest rate cuts this year, driven by disappointing job growth data. This marks a significant shift from their earlier prediction of no cuts until next year, indicating a potential easing of monetary policy to support economic growth.
Bank of America Predicts Two Fed Rate Cuts This Year
Bank of America forecasts that the Federal Reserve will implement two interest rate cuts this year, driven by disappointing job growth data. This marks a significant shift from their earlier prediction of no cuts until next year, indicating a potential easing of monetary policy to support economic growth.
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The latest update landed just 2 hours ago
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