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Bank of America: The Federal Reserve expects no interest rate cuts before 2027
Mars Finance News, according to Jintou reports, the latest forecast from Bank of America shows that the Federal Reserve will delay interest rate cuts until the second half of 2027, mainly due to high inflation levels and strong employment growth. Bank of America economists stated, “We no longer expect the Federal Reserve to cut rates this year.” At the same time, they pointed out that multiple shocks affecting the economy, including the Iran war, tariffs, and the rise of artificial intelligence, make predicting interest rate movements more difficult.