Bank of America forecasts higher for longer Fed Funds rates, sees upside risks ...Middle East

Bank of America on Fed Funds for next year:We revise our rates forecasts higher across the curvenow forecast 10y UST at 4.25% by end '24Our forecasts are below market forwards but above consensus, especially by end '24Our 2Y forecasts shade risks to a higher cutting trough than US economics baseline. This is due to risks of a higher nominal neutral rate, which the market currently prices. it also reflects risks that skew to a more resilient economy. BoA on the risks they see:skewed to the upside We see risk to more growth momentum in rates market, stronger growth will mean higher rates vs our forecast. We also see risks from elevated UST supply which could keep long end US rates higher & the

Read More Details
Finally We wish PressBee provided you with enough information of ( Bank of America forecasts higher for longer Fed Funds rates, sees upside risks )

Also on site :

• BMW secretly followed, filmed and then sacked worker over injury claim
• Hamas agrees to release 10 hostages as Trump says there’s a ‘very good chance’ for ceasefire deal this week
• I Use This Solar-Powered Security Camera to Keep My Home Safe, and It's $24 Off for Prime Day