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BoA sees two more 25bps FOMC rate hikes, in July and September
Bank of America forecast for the Federal Open Market Committee (FOMC): sees two more 25bps FOMC rate hikesin July and Septemberpushing the terminal rate up to 5.5%-5.75%The Federal Reserve held the Fed Funds rate steady at its meeting on Wednesday, but the dot plot was hawkish:Forexlive Americas FX news wrap: Fed hits the pause button but dots signal hikesMore from BoA: pushes out its anticipated slowdown in the US economy by two quartersexpects 1.1% q/q growth in Q4 real GDP vs the contraction...
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Posted: Jun 15 2023, 03:20
Author Name: forexlive
Views: 112684