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Last Minute Interest Rate Announcement from BofA and Two Companies – Here is the Decision They Expected Just Ahead

Author: Content Editor
Leading financial institutions, including Ebury, TD Securities, and Bank of America, have shared their forecasts for the upcoming interest rate decision by the Federal Reserve (Fed). Ebury expects a 25 basis point rate cut with further cuts to follow gradually. TD Securities sees the possibility of a 25-50 basis point rate cut and highlights the importance of the Fed's dot plot and Chairman Jerome Powell's press conference. Bank of America also expects a dovish stance from the Fed, with measured and cautious rate cuts. The market currently gives a higher probability to a 50 basis point cut, but these institutions believe a more moderate cut is more likely.

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