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BofA pushes out final Fed rate hike expectation to December

News Room by News Room
October 24, 2023
Reading Time: 1 min read
0
Singapore hopes for substantial IPEF progress by APEC

(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”.

Read the full article here

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  • Lowe’s CEO warns AI can’t climb a ladder as company makes $250M bet on blue-collar future
  • Jamie Dimon says New York, other cities face worker 'exodus' as lawmakers push higher taxes
  • Used car prices hit their highest level in nearly 3 years as wholesale demand stays strong

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