BofA Sounds Alarm: Fed’s Fresh Rate Hikes May Not Tame Stubborn Inflation
9 Articles
9 Articles
BofA Sounds Alarm: Fed’s Fresh Rate Hikes May Not Tame Stubborn Inflation
Bank of America warns that the Fed's planned additional rate hikes may fail to return inflation to target despite a resilient economy. The bank's latest note questions if even 75 basis points more tightening will suffice. Persistent supply risks could force tough trade-offs ahead.
BofA drops stunning warning about Fed rate hikes
Bank of America isn’t backing away from its forecast for two more Federal Reserve rate hikes this year. In addition, the Wall Street bank is raising a bigger question: Will even 75 basis points of additional tightening be enough to bring inflation back to the Fed’s 2% target? In a client note…
The bank's bank analysts warned that last week's Fed interest-raising cycle might pay the interest rate above 5% as during the 2022-2023 monetary tightening cycle. A team of bank analysts explained in a Friday note that the market continues to underestimate the final level of the [...] post of Bank of America warning of a 5% interest-over scenario written in the Stock Exchange.
Bank of America Warns that Fed Could Increase Interest by More than 5% in a Repeat of the 2022 Cycle
The time has come for investors to prepare for the risk that the US Federal Reserve will increase interest [...]
Investors should be prepared for the possibility that the Federal Reserve will raise its key interest rate above 5%, according to strategists at Bank of America, who estimate that the market is still underestimating the height to which the new cycle of increases can reach. The estimate comes after the Fed's latest interest rate hike, with a team of BofA strategists, led by Mark Cabana and Megan Schwiber, arguing that the final level of interest …
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