Bank of America Predicts Federal Reserve Rate Cut in March 2025 Due to PCE Inflation

Tuesday, 2 April 2024, 17:16

Bank of America forecasts that the Federal Reserve will likely delay the next rate cut until March 2025 if PCE inflation remains high. This could have significant implications for monetary policy and the overall economy, potentially impacting various sectors and investor sentiment. The central bank's decision will be closely watched by market participants and policymakers alike.

https://store.livarava.com/aadbe2c5-f16d-11ee-8943-87cc5c87fb08.jpg — Bank of America Predicts Federal Reserve Rate Cut in March 2025 Due to PCE Inflation

Bank of America Predicts Federal Reserve Rate Cut in March 2025 Due to PCE Inflation

The US central bank might have to wait nearly another year before easing policy if it can't cut by June, Bank of America said.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Bank of America Predicts Federal Reserve Rate Cut in March 2025 Due to PCE Inflation

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