BofA Expects December Fed Cut, Two More in 2026

BofA Expects December Fed Cut, Two More in 2026

BofA expects December Fed cut, two more in 2026

Dec 1 (Reuters) – BofA Global Research on Monday said it now expects the U.S. Federal Reserve to cut interest rates by 25 basis points at its December meeting, citing weak labor market conditions and recent comments from policymakers hinting at an early cut. The Wall Street brokerage had previously expected borrowing costs to remain unchanged at the Fed’s December meeting.It now sees two additional quarter-point cuts in 2026, in June and July, b…

'Santa Rally' stalls even though a December cut from the Fed is a near certainty

There is an 88% chance that the Fed will cut 0.25% off interest rates on Dec. 10, according to the rarely wrong CME FedWatch futures market, but that implied promise of a fresh round of cheaper money wasn’t enough to boost U.S. stock futures this morning. S&P 500 futures were down 0.64% premarket; Nasdaq 100 futures were down 0.78%.The pessimism started in Asia, with Japan’s Nikkei 225 down 1.89% and the South Korea KOSPI down 0.16%. Europe was …

BofA joins growing chorus expecting Fed rate cut in December

Menu Account Indian Stocks Portfolio (PMS) Unlisted Shares Mutual Fund USA Stocks ₿ Crypto Forex Bonds Fixed Deposit Real Estate Training Videos Equity Training Upstox Demo Intraday Demo MF Demo Bank of America (BofA) Global Research has become the latest major brokerage to project an interest rate cut by the US Federal Reserve at its December policy meeting, adding to the building consensus that the central bank may finally ki…

Factbox-Major brokerages boost bets on December Fed rate cut ahead of policy meeting - Regional Media News

Dec 2 (Reuters) - BofA Global Research became the latest brokerage to forecast an interest rate cut by the U.S. Federal Reserve in December, as dovish signals from key voting members and weakness in labor market conditions ramped up hopes of lower borrowing costs. The Wall Street brokerage joined global peers like J.P.Morgan and Goldman Sachs who expect a quarter-point reduction when the Federal Open Market Committee meet for their last policy m…