Bank of America Now Expects Three Fed Rate Hikes This Year. A Month Ago It Forecast Zero
4 Articles
4 Articles
The Bank of America expects three interest rate increases by the US Federal Reserve (Fed) in 2026, before a prolonged pause. The increases would be 25 basis points and would take place in September, October and November, reaching 4.50%. However, factors such as a strong slowdown in job creation, weak core inflation numbers, or a large stock liquidation could make this scenario unfeasible. Bank of America analyst Aditya Bhave, quoted by the finan…
BofA just issued a shocking Fed interest rate roadmap for 2026
Given President Donald Trump’s vocal dissatisfaction with former Chair Jerome Powell, there was a relatively widespread expectation that his successor – Chair Kevin Warsh – would usher in a more dovish Fed. The latest figures on the U.S. economy, however, have led to a sudden, sharp shift in mood, and Bank of America (NYSE: BAC) now even expects additional interest rate hikes in 2026. Specifically, BofA Global Research revealed on Monday, June 2…
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