BofA pushes out final Fed rate hike expectation to December

by Aurelia Butler 20 October 2023, 13:11 99 Views

(Reuters) – BofA Global Research said on Friday it now expects the U.S. Federal Reserve to deliver a 25-basis-point rate hike in December instead of November.

Economists at the brokerage believe that recent comments from policymakers at the central bank suggest “they will opt for one last hike in December”.

Source: Economy - investing.com

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BofA pushes out final Fed rate hike expectation to December

Wall St eyes lower open on elevated Treasury yields, Middle East worries

Google Cloud teams up with MultiversX amid blockchain firm’s focus on metaverse

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