Asia · Financial press · The Economic Times

BofA adds January Fed hike to forecast, says quarterly pace no longer enough

Published by The Economic Times · India 1 h ago

Detailed summary

BofA Global Research anticipates that the Federal Reserve will implement a rate hike in January 2027. This adjustment follows the unexpectedly high Consumer Price Index report for October. Expectations of a 25-basis-point increase are supported by increasing inflation driven by various factors. Other banks like Goldman Sachs and Deutsche Bank have also revised their forecasts in light of recent data.

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BofA adds January Fed hike to forecast, says quarterly pace no longer enough

Detailed summary

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