Bank of America anticipates 75bps Fed hike in 2026

Bank of America expects the U.S. Federal Reserve to raise interest rates by 75 basis points during 2026, with three potential increases in September, October, and December, due to a resilient labor market and ongoing inflation pressures, despite having to hold the current rate steady at its latest meeting. The bank anticipates that austerity policies will continue into 2027, with inflationary pressures continuing to impact the real interest rate.

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