đ¨ BOFA DROPS A NUKE ON RATE CUT HOPES! đ¨
The biggest bank on Wall Street just flipped the scriptâand itâs TERRIFYING for risk assets.
Bank of America is now officially calling for the đşđ¸ Fed to RAISE rates THREE TIMES in 2026 (Sept, Oct, Dec). We're talking 25bps hikes that take the terminal rate to a stifling 4.25%-4.5% by year-end.
Oh, and if you thought relief was coming? Forget it. BofA says the first rate CUT wonât happen until 2028. Thatâs basically a lifetime in crypto and market years.
Hereâs my hot take:Â This isn't a "soft landing" predictionâthis is the Fed deliberately keeping the economy on life support with a chokehold. If inflation is still this sticky heading into 2026, it means the "transitory" narrative is officially dead and buried. They are choosing to starve liquidity to kill inflation, and they don't care if equities bleed.
But letâs be realâdoes anyone actually trust Bank of Americaâs forecasting track record? They were calling for a recession in 2023 that never happened. Now theyâre going full hawkish while the US debt clock is ticking past $34 trillion? Raising rates into that fiscal disaster is like throwing gasoline on a fire to put it out.
I think theyâre bluffing. Powell pivots way sooner when the labor market cracks. What do you think? đ
Are you scaling back into cash/bonds, or are you doubling down on hard assets before this "2028 cut" fantasy becomes reality?
Drop a đĽ if you think BofA is dead wrong, or drop a đ if youâre actually preparing for 4.5% rates to wreck the economy!
#HawkishFed #RateHikes #BearMarketAlert
