Core Viewpoint - The Bank of America Global Research Department predicts a 25 basis point rate cut by the Federal Reserve in December, influenced by a weak labor market and recent comments from policymakers suggesting early rate cuts [1] Summary by Relevant Sections - Interest Rate Predictions - The expectation for a 25 basis point cut in December contrasts with previous forecasts of maintaining rates [1] - Further cuts are anticipated in June and July 2026, bringing the final rate down to a range of 3.00%-3.25% [1] - Leadership Changes - The prediction for future rate cuts is based on leadership changes rather than economic interpretations [1] - The current frontrunner for the next Federal Reserve Chair is White House National Economic Council Director Kevin Hassett [1] - Market Reactions - Most major global investment banks expect a 25 basis point cut next week, with only a few, such as Morgan Stanley and Standard Chartered, predicting rates will remain unchanged [1]
美银调整美联储预测:12月料降息25个基点 2026年将再降两次