BofA expects Fed to cut interest rates in December
ReutersDec 1, 2025 11:50 AM
Dec 1 (Reuters) - BofA Global Research on Monday said it now expects the U.S. Federal Reserve to cut interest rates by 25 basis points at its December meeting, citing labor market conditions and recent comments from policymakers hinting at an early cut.
They previously expected borrowing costs to remain unchanged at the Fed's December meeting.
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