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 ZeroHedge: $1 Trillion Per 100 Days READ MORE World Gold Council: Gold Demand Trends Full Year 2023 READ MORE China's Central Bank Maintains Gold Holdings Amid High Prices READ MORE U.S. Economy Defies Expectations with 2.8% Growth in Q2 READ MORE US Consumers Feel the Pinch as Inflation Concerns Linger READ MORE Add a Comment Cancel replyYour email address will not be published.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