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Bank of America adjusts Federal Reserve forecast: December is expected to cut interest rates by 25 basis points, 2026 will drop two more
Bank of America Global Research said on Monday that it now expects the Federal Reserve to cut interest rates by 25 basis points at its December meeting in light of weak labor market conditions and recent comments from policymakers suggesting an early rate cut. The bank had expected the Fed to keep rates unchanged at its December meeting, and now forecasts another 25 basis points in June and July 2026.
2025-12-01 14:51:05
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