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Fed rate cuts in June and July projected but not warranted, BofA says

sanctions_shadow_enforcement UTC: 2026-02-24 11:00:15

The Federal Reserve should not cut interest rates, but it appears to be likely to do so, according to economists at BofA Securities. In a note to clients on Friday, the economists including Aditya Bhave and Stephen Juneau said they project two Fed rate reductions in 2026, one ...

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