Bank of America now expects the US Fed to raise interest rates 3 times in 2026 — by 0.25% in September, October, and December. That would put US rates at around 4.25% to 4.5% by end-2026.
After that, BofA thinks the Fed may only start cutting rates again in 2028.
In Summary: Borrowing is expected to stay expensive for longer, which can keep pressure on markets like crypto and stocks.#DYOR#NFA✅ #USFedUpdates #interestrates #SKHynixMarketCapSurpassesBitcoin #BankOfEnglandSoftensStablecoinRules $XPIN
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