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 LBMA Releases Precious Metals Market Report: Q4 2023 READ MORE Gold Soars to New Heights as Central Banks and Investors Pile In READ MORE Consumer Confidence Edges Up in July, but Economic Concerns Persist READ MORE Paul Tudor Jones Sounds Alarm on U.S. Debt Crisis READ MORE Global Bond Markets Surge Amidst Softening US Job Openings READ MORE Add a Comment Cancel replyYour email address will not be published.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