The Bank of America (BofA) recently added one more rate hike in its expectations from the Federal Reserve (Fed).
The investment bank cites the lack of a quick US economic slowdown, as most expected, as the key catalyst for expecting the third rate lift from the Fed during 2023.
Resurgent inflation and solid employment gains are other catalysts that helped BofA to signal the hawkish move.
It should be noted that the BofA sees the peak for Fed funds at 5.25 - 5.5% and a pause in the rate hike trajectory during July 2023 Federal Open Market Committee (FOMC) Meeting.
More importantly, the US bank sees the first rate cut in March of 2024.
Also read: US Dollar Index grinds near 104.00 amid US holiday, Fed Minutes, US GDP eyed
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
古いコメントはありません。ソファをつかむ最初のものになりましょう。