Bank of America says markets ‘underestimate’ the Fed’s next moves

Bank of America says markets ‘underestimate’ the Fed’s next moves

Business
May 19, 2023 by secret
87
[ad_1] Markets are currently pricing in a pause in the Federal Reserve’s interest rate increases next month. A move that will come before the central bank is forecast to cut rates twice before the end of 2023, according to market pricing. But a new report from rates strategists at Bank of America Global Research out