BofA Sees 75 bps Q4 Cut as Fed Signals Easing Cycle BofA Global Research has uniquely increased its forecast for Federal Reserve rate cuts in 2024, predicting a 75-basis point reduction in Q4 following the Fed’s larger-than-expected 50 bps cut. This adjustment surpasses the Fed’s own projection of a half-percentage point decrease by year-end. BofA anticipates further cuts in 2025, potentially lowering the terminal rate to 2.75%-3.00% from the current 4.75%-5.00%. « Previous Article Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Think Tank Expert Recommends Measures to Halt De-Dollarization READ MORE Gold Prices Rise for Fifth Week Amid Iran-Israel Tensions READ MORE Trump's Potential Return: Morgan Stanley Predicts Interest Rate Shakeup READ MORE Gold Defies Market Trends as Investors Flock to the Metal READ MORE Fed's Goolsbee Says Central Bank Will 'Fix' the Economy READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment