The Fed shouldn't move too fast in cutting rates, Bank of America …

Now that the Federal Reserve has made significant progress in bringing inflation down toward its 2% goal, it shouldn't move too fast in cutting rates, Bank of America (NYSE:BAC) CEO Brian Moynihan ...

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The Fed Shouldn't Move Too Fast In Cutting Rates, Bank Of America …

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Why The Fed Won't Cut Rates Until December, According To Bank Of …

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The Federal Reserve will wait until December to cut interest rates, Bank of America economists say. The forecast runs counter to consensus, with 90% of investors expecting a first cut in …

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Should Federal Reserve cut rates too quickly?

Most Federal Reserve officials cautioned against cutting rates too quickly at their last policy meeting as they continue to look for convincing evidence that inflation is returning to their 2% target, according to the minutes from the Jan. 31 discussion released Wednesday. ...

When will the Fed cut interest rates?

The Federal Reserve will wait until December to cut interest rates, Bank of America economists say. The forecast runs counter to consensus, with 90% of investors expecting a first cut in September. "We think the Fed can be patient," BofA wrote in new research. ...

Are fed officials worried about cutting interest rates too quickly?

More Federal Reserve officials are concerned about cutting interest rates too quickly than are worried about going too slowly, according to minutes of the Fed’s late January policy meeting, released Wednesday. ...

Will the Fed cut rates by a 1/4 point?

The challenge for the Fed is that the case for cutting rates has weakened via disinflation, which has stalled. Nonetheless, the Fed looks set to cut by a 1/4 point today. But in a telling sign, Fed funds futures are pricing in an 80% probability that the central bank will stand pat at the January meeting. ...

Will fed cut interest rates faster?

Investors have dialed back expectations for rapid US rate decreases and some Fed officials have signaled they favor reductions at a slower pace following the first cut since 2020 last month. That comes amid signs the American economy remains robust. ...

What happens if the Federal Reserve doesn't cut interest rates?

Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter. Sign up here. Our Standards: The Thomson Reuters Trust Principles. If the U.S. Federal Reserve does not start cutting interest rates relatively soon, U.S. consumers could become dispirited, Bank of America CEO Brian Moynihan said on Sunday. ...