Bank of America forecasts three Fed rate hikes in 2026 as inflation worsens
Bank of America's economists reversed their position from as recently as last week, now forecasting three Federal Reserve interest rate hikes this year. Previously, the bank had expected the Fed to hold rates steady throughout 2026. The change is driven by the assessment that inflation is becoming "unambiguously worse."
Comments
No comments yet — be the first to weigh in 👇
No comments yet. Be the first!