BofA, Fed
Stocks at risk of a bubble after Fed’s jumbo rate cut, BofA strategist says
One Bank of America strategist thinks the Federal Reserve’s decision to cut interest-rates by 50 basis points this week will ultimately end in tears for investors.
BofA now expects Fed to go for 0.75-percentage-point cut in fourth quarter
BofA Global Research was the only major brokerage to raise its forecast for the Federal Reserve's anticipated interest-rate cuts for the rest of 2024, a day after the U.S. central bank delivered an outsized cut.
How the Fed's rate cut will impact auto loans
The Federal Reserve cut interest rates for the first time in four years on Wednesday, which will directly impact auto loan rates -- but don't expect a big change anytime soon.
Mortgages Rates Are Way Down. How Fed Rate Cuts Could Change the Picture.
The Federal Reserve’s anticipated interest-rate cut is old news for mortgage rates, which have retreated from 2024 highs in anticipation. But that doesn’t mean home buyers should ignore the central bank’s announcement.
BofA now expects Fed to go for 75 bps in rate cuts in Q4
BofA Global Research raised its forecast for the Federal Reserve's anticipated interest rate cuts for the remainder of this year to 75 basis points, after the U.S. central bank kicked off a widely expected series of reductions on Wednesday.
BofA predicts deeper Fed rate cuts despite hawkish tone - 75 bps in Q4 and 125 bps in 2025
Bank of America predicts deeper Federal Reserve rate cuts despite its recent 50 bps reduction. They forecast an additional 75 bps in Q4 and 125 bps in 2025, citing a disconnect between Fed messaging and market expectations.
Fed jumbo rate cut puts pressure on money market fund investors
Investment advisers are urging clients to dump hefty cash allocations now that the Federal Reserve has begun its ...
Big rate cut primes bubble risks, says BofA in seeing investment paths in bonds, gold
The Federal Reserve’s interest rate cut of 50 basis points may prime a bubble in risk assets, Bank of America says. Read more ...
InvestmentNews1d
Bubble risk in equities, buy bonds and gold says BofA
The euphoria in equity markets following the Federal Reserve’s interest-rate cut is stoking the risk of a bubble, making ...
The Fed delivered a best-case scenario for stocks: BofA
U.S. stocks saw their third-largest inflow of 2024, with $33.8 billion moving into the asset class last week, Bank of America ...
Fed meeting today: Fed decides on aggressive 50 basis-point cut in interest rates.
History shows the Federal Reserve typically doesn’t deliver a “hawkish surprise” to markets, as investors wait to learn the size of a widely expected interest-rate cut by the Fed on Wednesday, ...
Rally over? Homebuilder stocks’ big gains may have already priced in Fed rate cut
Homebuilder stocks are having a banner year, outpacing the broader market on a wave of optimism that mortgage rates will fall ...
Dow jumps to another all-time high day after Fed delivers big rate cut
Wall Street rallied on Thursday with the Dow and S&P 500 hitting another intraday record high — a day after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and ...
Mining19h
Buy bonds and gold as bubble risk returns, BofA strategist says
It doesn’t “get much better than that for risk, so investors are forced to chase” the rally, Michael Hartnett says in a note.
BofA Poll Says Fed Bets Lift Sentiment for First Time Since June
Optimism around the Federal Reserve’s highly anticipated interest-rate cuts has boosted investor sentiment for the first time ...