Bank of America now expects the Federal Reserve to raise interest rates three times in 2026, reversing its forecast as recently as last week of no change this year. According to BeInCrypto, the bank projects 75 basis points of tightening across September, October, and December, lifting the benchmark rate toward a 4.25% to 4.50% range, citing resilient jobs data and stubborn inflation.
The shift followed the first meeting led by new Chairman Kevin Warsh, where rates were left unchanged; nine of 18 FOMC members now expect at least one hike in 2026. BofA economist Aditya Bhave said a July hike “is in play” and expects core PCE inflation at 3.5% annually.
Bank of America Sees Three Fed Rate Hikes in 2026 After Reversing Prior Call
2026-06-23 10:12:22
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Coking Coal And Coke Futures Slide, With Coke Down More Than 3%Next article：
BBVA拟以20亿美元SRT转移AI贷款风险
