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BoA says an FOMC rate hike in June is a close call, Fed needs 3 conditions to be met
This is via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here. Bank of America (BofA) has reaffirmed its base case expectation that the Federal Reserve will not implement a rate hike in June, though the bank maintains an inclination towards a hike in the future, noting that it's a "close call". According to BofA, three conditions need to be met for a Fed rate hike: 1) str...
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Posted: May 28 2023, 22:08
Author Name: forexlive
Views: 110883