Wire flash
Bank of America expects Fed to raise rates by 25 basis points in December, January and March
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Wall St Engine reports that Bank of America now expects the Federal Reserve to raise interest rates by 25 basis points at each of its next three meetings, in December, January and March. The revised forecast follows the bank adding a January hike to its outlook. The item attributes the expectation to Bank of America and does not present the rate path as a confirmed decision by the Fed.
Source report
Bank of America now expects the Federal Reserve to raise rates by 25 basis points at each of its next three meetings—in December, January, and March—according to Wall St Engine. The updated forecast follows the bank's addition of a January hike to its projections.
Source
xNeutral / independent
Part of this Story
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