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That suggests to Bank of America that the Federal Reserve is already done cutting interest rates. ... up from 212,000 in November and well above the forecast for 155,000. The unemployment rate ...
In a note Friday, the bank referenced its previous forecast that rates would stay at about 4.3% through 2025, implying that the Fed funds rate would stay within its range of 4.25% to 4.5%.
Bank of America raised its 2022 fourth quarter forecast on the core personal consumption expenditures (PCE) index to 3.0%, from 2.6%, saying that "an even faster-than-expected drop in unemployment ...
The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a range of 4.25% to 4.5%, down from its ...
Today's best rates of returns are found at FDIC-insured digital banks and online accounts paying out up to 4.27% APY with low or no minimums at NexBank, First National Bank of America and other ...
The most recent economic data released point to inflation and interest rates ... up from 212,000 in November and above the forecast for 155,000. The unemployment rate dipped to 4.1% from 4.2% ...
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