News list for " Bank of America"
The Federal Reserve's overly cautious approach to the economic outlook could jeopardise the year-end rally in equities, Bank of America strategists have warned. As the S & P 500 nears its all-time high, investors are hoping for the best-case scenario, in which the Fed cuts interest rates as inflation falls while the economy remains resilient. But Michael Harnett, BofA strategist, said that optimism would be tested if the Fed sent a dovish signal at next week's meeting, as it could suggest...
Bank of America strategists have warned that if the Federal Reserve is overly cautious about the economic outlook, it could jeopardise the year-end rally in stocks. The S & P 500 is near its all-time high, and investors expect the Fed to cut interest rates and bring inflation down, but BofA strategist Michael Harnett pointed out that this optimism will be tested if the Federal Reserve sends a dovish signal at next week's meeting, which could suggest that the economy is slowing more than expected...
Just as Federal Reserve Chairperson Powell released a signal that "balance sheet reduction may stop in the next few months", the reserves of US banks fell below the psychological level of 3 trillion dollars again. Click to view...
The US Federal Reserve should refrain from cutting interest rates at its September policy meeting as recent economic data do not support a premature easing cycle, Bank of America said in its latest research note. The bank stressed that policymakers in favour of rate cuts had underestimated the impact of labour supply shocks and the stubbornness of inflation, which remains above the Fed's 2 per cent target. The report warned that the latest tariff hike could have "...
According to ifeng.com, Bank of America Merrill Lynch's latest research report shows that as the US stablecoin regulatory framework is gradually implemented, stablecoins will have a disruptive impact on traditional bank deposits and payment systems in the next 2-3 years. The US President has signed the "GENIUS Act" to set an initial framework for stablecoin regulation. The stablecoin market is expected to grow by $250-75 billion in the short term, which will boost demand for US short-term Treasu...
BofA warned of two extreme paths, with the US Federal Reserve either staying put for the whole year or implementing a 75 basis point emergency rate cut in September this year, and bluntly stated that "dot plot" is unrealistic in an uncertain environment. Click to view...
BofA Securities said emerging market assets were on track to deliver a few percentage points of return this year as the dollar is expected to continue to weaken. David Hauner, global head of emerging markets fixed income strategy at BofA Securities, said: "We have every reason to maintain our expectations of double-digit returns for emerging markets for the full year. We see the dollar as the most important driver...
The chief investment officer of Bank of America has asserted that the most reverse operation value in 2025 is to be long in long-term US Treasuries. Click to view...
Michael Hartnett, chief strategist of Bank of America, pointed out in his latest report that according to EPFR data, the global market showed many changes in capital flows last week, among which the inflow of funds into the cryptocurrency market reached 2.30 billion US dollars, and the cumulative scale reached a new high.
Trump's high-profile prediction of "the stock market will rise sharply", Bank of America warns: Short-treaders are chasing high! Strategists urgently raised their targets. Click to view...
