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Bank Of America Expects Fed's First Rate Cut To Be Delayed Until June After Central Bank's Surprisingly Cautious Guidance
Friday, February 2, 2024 - 12:54am | 656Read More...In an unexpected turn of events, Bank of America anticipates the Federal Reserve’s first interest-rate cut of 2024 to happen in June, not March, following unexpectedly hawkish comments from the central bank. What Happened: The Federal Open Market Committee (FOMC) meeting on Wednesday saw the...
