Bank of America "Fed expected to make two additional rate cuts"

Source
Son Min

Summary

  • Alastair Boswick, Bank of America (BofA) Chief Financial Officer (CFO), said he expects the Fed to carry out two additional rate cuts this year.
  • These remarks were conveyed via Walter Bloomberg and suggested that rate cuts could affect investment markets.
  • The possibility of additional rate cuts by the Fed this year is expected to act as an important variable for investment strategies.

A claim has emerged that the U.S. Federal Reserve (Fed) will carry out two additional rate cuts this year.

On the 15th (local time), according to Walter Bloomberg, Alastair Boswick, Bank of America (BofA) Chief Financial Officer (CFO), said, "I expect the Fed to make two additional rate cuts this year."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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