BofA Sounds Alarm: Fed’s Fresh Rate Hikes May Not Tame Stubborn Inflation
14 Articles
14 Articles
(Seoul = Yonhap News) Reporter Joo Jong-guk = Bank of America (Bof...) said that we should prepare for the risk that the U.S. Federal Reserve (Fed) will raise the benchmark interest rate above 5%.
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.
Business Insider
The New York LedgerWhy BofA is calling for 2 more rate hikes in 2026
Bank of America thinks the Federal Reserve has just kicked off a hiking spree heading into the end of the year.
Investors should prepare for the risk that the Federal Reserve will raise its reference rate above 5%, according to Bank of America Corp strategists.
US banking and financial services giant Bank of America expects the Federal Reserve (FED) to raise interest rates twice more this year — by 25 basis points at its October and December meetings. Banker.az reports this with reference to the Bank's report. The bank's analysts believe that strong consumer spending leaves the FED with little choice but to tighten monetary policy. The FED is expected to raise interest rates in September […]
Bank of America estimates that expectations for new interest rate hikes are likely to be limited, particularly outside the US.
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