Bank of America CEO: Federal Reserve will cut interest rates in 2026
2025-08-05 22:06:45
Bank of America CEO Moynihan: Our economists don't think there will be a recession. The U.S. economy will grow by about 1% to 1.5% this year. Think the Federal Reserve won't cut interest rates (this year) because it will take longer for inflation to come down. Think the Federal Reserve will cut interest rates in 2026.
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