Bank of America Expects Fed to Cut Rates in September, October, and December
Prefer us on GoogleBank of America CEO Brian Moynihan expects the Federal Reserve to cut rates consecutively in September, October, and December. Moynihan pointed out that the U.S. labor market remains strong, but inflation levels need to decrease further to provide room for the Fed to adjust its monetary policy. He also mentioned that consumption trends among different income groups are converging, indicating an improvement in economic health. The Bank of America economic team has predicted that the Fed will initiate a rate-cutting cycle in the second half of the year, with the market closely watching employment data, inflation trends, and consumer spending to gauge the pace of policy adjustments. Consecutive rate cuts could lower financing costs and support the stock, bond, and risk asset markets.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
The wholesale dollar marked its third consecutive increase and matched its nominal record at Banco Nación
OpenAI to Pay $3.2 Million Following Agreement with U.S. Department of Justice Over Hiring Discrimination
FED dissent calls for higher interest rates, which would affect bitcoin prices
CryptoQuant says bitcoin, ether and XRP whales are accumulating, signaling a 'late-stage bear market'
Rare Earths: Experts Support Changes to the Mining Code and Highlight Argentina's Potential
Coldcard Reminds Us That Bitcoin Privacy Comes at a Cost
Bitcoin Tests Market’s Patience as Zcash Gives Holders Hope: Analysis
GMX: Does the pioneer of decentralized perps still have a chance of survival against its competitors?
60 Years of "Revolver": The Album That Redefined Modern Music by The Beatles
Anthropic is valued at $965 billion but still can't pay for its own data centers
Institutions Take Control of 72% of Wintermute's Spot Market: How OTC Cryptocurrency Volume is Changing
Bitcoin gains focus as Pentagon rewrites nuclear strategy
GTA 6 Breaks Records Before Its Release: Generated $180 Million in Pre-Sales
Alex Karp and the Battle for AI Sovereignty in Companies
Cyclogenesis in the AMBA: Yellow alert issued for heavy storms, gusts, and the arrival of polar cold air
Ripple says the company is undergoing a "radical change," but the community responds
US Services PMI at 54.1%... Strong Growth for 25 Consecutive Months
Robinhood's Bigger Basket
Privacy coins in 2026: Private crypto coins compared
New Mortgage Program in Ukraine Could Revitalize Housing Market: Why 'eOselya' Alone Is Not Enough
León XIV, Argentina, and a Journey with Political Signals from Francisco's Legacy
Hut 8 Accelerates AI Data Center Business in Q2, 949MW Power Lease Corresponds to $26.6 Billion Contract Value
Crypto: Solana Launches Vote on Major Overhaul of Its Tokenomics
From Telegram to Stablecoins: The 175-Year-Old Western Union is Rebuilding Global Remittance Tracks
WEEX Brings AI Trading Off the Screen and Into the Hands of Global Users
From Miami to Milan, and from Paris to the Netherlands, WEEX's AI Trading emerged as the standout on-site activation across five major industry events, giving hundreds of users their first hands-on encounter with AI-driven trading through a risk-free simulated environment. The rollout marks a significant step in WEEX's broader strategy to make AI-powered trading tools accessible, intuitive, and engaging for a global audience — both online and offline.
BlackRock's Ethereum Spot ETF ETHA to Undergo 1-for-3 Reverse Stock Split, Effectively Reducing Trading Costs
Top U.S. Advisors Analyze August U.S. Stock Market: Value Stocks Rebound, AI Capital Expenditure Soars, While Bond Market Tells a Different Story
World Chain becomes first production L2 to ship streaming Block Access Lists via Flashblocks
Crypto: The memecoin TRUMP enters the decisive battle over the CLARITY Act
When the First Step into Traditional Finance Happens on the Blockchain: What Early Data Shows
The wholesale dollar marked its third consecutive increase and matched its nominal record at Banco Nación
OpenAI to Pay $3.2 Million Following Agreement with U.S. Department of Justice Over Hiring Discrimination
FED dissent calls for higher interest rates, which would affect bitcoin prices
CryptoQuant says bitcoin, ether and XRP whales are accumulating, signaling a 'late-stage bear market'
Rare Earths: Experts Support Changes to the Mining Code and Highlight Argentina's Potential
Coldcard Reminds Us That Bitcoin Privacy Comes at a Cost
Latest articles
Latest coin listings on WEEX
