Bank of America expects a December Federal Reserve rate cut (previoulsy were tipping June) ...Middle East

forex live - News
Bank of America expects a December Federal Reserve rate cut (previoulsy were tipping June)
Economists at Bank of America have revised their projection for a Federal Open Market Committee (FOMC) rate cut, citing the, you guessed it, hotter-than-expected CPI data for March. BoA were calling a June FOMC rate cut.In shifting their call to June they have also shifted their expectation to just one rate cut in 2024BoA warn even the December cut is not a certainty:"More upside surprises to inflation could push cuts into 2025"---I posted this from the Journal yesterday:Wall Street Journal fed insider: Fed Rate Cuts Are Now a Matter of If, Not Just When This article was written by Eamonn Sheridan at www.forexlive.com.

Hence then, the article about bank of america expects a december federal reserve rate cut previoulsy were tipping june was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Bank of America expects a December Federal Reserve rate cut (previoulsy were tipping June) )

Apple Storegoogle play

Last updated :

Also on site :



Latest News