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 The World Bank: Gold Investing Handbook for Asset Managers READ MORE Oxford: Recession Fears Ease as US Economy Shows Signs of Stabilization READ MORE CBO Predicts Decade of Soaring U.S. Deficits READ MORE Treasury Yields Decline Following Lower-Than-Anticipated Inflation Report READ MORE No Immediate Rate Cuts: Fed Takes Cautious Stance on Inflation READ MORE Add a Comment Cancel replyYour email address will not be published.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