Reuters, The Wall Street Journal, CBS News|1 minute read
BofA Predicts Fed Rate Cuts: What It Means for Your Wallet
TL;DR
BofA foresees a December Fed rate cut, with two more anticipated in 2026. This could affect mortgage rates and investment strategies. Key insights:
- BofA expects December Fed cut, signaling potential financial shifts.
- Smart mortgage moves to consider before rates drop.
- Fed Chair Powell’s allies hint at upcoming rate cuts.
Here's the full scoop.