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Bank of America still forecasting a December Federal Open Market Committee (FOMC) rate cut
Source: Buzz FX / 01 May 2024 20:56:21 America/New_York
BoA's key takeaways from the Fed meeting and Powell's presser:
- At the May FOMC meeting, the Fed acknowledged that they had taken on board some of the signals from the recent inflation data
- The Fed is reducing the pace of runoff to lower
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