Bank of America believes the rate-cutting cycle is over, and the blossom is not expected to make the next cut until May
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The hardcore bearish whale's 20x leveraged BTC short position is now floating a profit of over $18 million.
Machi reduces 25x ETH long position, current liquidation price is $3,042.74
A smart money investor switched from long to short and opened a 3x leveraged short position of 1,000 BTC.