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Macro

BofA Now Expects Fed Rate Hikes in Dec 2026, Jan and Mar 2027

BofA Global Research added a 25-basis-point Federal Reserve rate hike in January 2027 to its forecast on November 13, and now expects the Fed to raise rates by 25 basis points in December 2026, January 2027 and March 2027. The revision extends the bank’s projected tightening path into the first quarter of 2027.

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