BoA Securites raised US growth and inflation forecasts, see fewer Fed interest rate cuts ...Middle East

Catching up on this from Bank of America Securites. Analysts there are bullish on the US economy, seeing resilience, added signs of growth in productivity:thus see higher economic growthsee high-for-longer interest rates, forecast a higher Fed terminal rate at 4%.BoA are wary of uncertainty around the incoming Trump administration. The analysts assess that policy changes will tend to drive inflation higher but negative impacts on growth should be cancelled out by positive impacts:think downside risks to growth are larger for the rest of the world than for the U.S.***The next Federal Open Market Committee (FOMC) meeting is December 17-18. For 2025: This article was written by

Read More Details
Finally We wish PressBee provided you with enough information of ( BoA Securites raised US growth and inflation forecasts, see fewer Fed interest rate cuts )

Also on site :

Rock Legend Shares Bold Message About L.A. Protests
Tony Awards draw best audience in 6 years for CBS
Ax-wielding man at Pacific Beach library faces preliminary hearing

BoA Securites raised US growth and inflation forecasts, see fewer Fed interest rate cuts ...Middle East

Australian PM blasts targeting of journalist in LA unrest

ବିଜେପି ସରକାରର ମୁଖା ଖୋଲିବାକୁ ବିଜେଡିର ରଣନୀତି ବୈଠକ

Hearts Break for Puppy Found on Road Side With Part of Skull Exposed

Missiles thrown at police during unrest in Northern Ireland

Marks & Spencer reopens website after major cyber attack

Fire breaks out in parking structure of Nashville library and explosions are heard

Islamic New Hijri Year falls on June 27

Japanese citizens in LA urged to be cautious amid protests

Who are the seven cricketers inducted into the ICC Hall of Fame in 2025?

When Junior Residents Challenge Chief Attendings

M&S reopens website to customers six weeks after cyberattack

Money Advice For This Weird Moment

Watch: CCTV footage shows driver ignoring solid white lines before fatal A458 border tragedy as family issues plea

Muinmos Wins Global Forex Award 2025 for Best KYC Provider

GBPUSD falls back to a key support after the weak UK jobs data. What's next?