As reported by Bpaynews, Bank of America has revised its Federal Reserve rate cut predictions, forecasting a 25 basis point cut at the December 2025 meeting, followed by two additional cuts in June and July 2026. The bank attributes this outlook to weak labor market conditions and anticipated leadership changes at the Fed, which could influence a more accommodative monetary policy. The projected target rate range after the cuts is 3.00% to 3.25%.
Bank of America Predicts Two Fed Rate Cuts in 2026
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