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Bank of America believes the rate-cutting cycle is over, and the blossom is not expected to make the next cut until May

Bank of America believes the rate-cutting cycle is over, and the blossom is not expected to make the next cut until May

Bitget2025/01/10 16:38

January 10, according to gold ten, Bank of America global research said: we think the rate-cutting cycle has ended; our basic assumption is that the Fed will keep interest rates unchanged for a longer period of time; but we think the risk of the next move is tilted toward a rate hike.

Citi: expect the next Fed rate cut in May, previously expected in January.

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