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3232Bank of America Expects the Fed to Keep Hiking Rates Until ‘Point of Pain’ for Consumer Demand
https://www.digit.info/bank-of-america-expects-the-fed-to-keep-hiking-rates-until-point-of-pain-for-consumer-demand/
Sun, 05 Mar 2023 01:00:05 +0000https://www.digit.info/2023/03/05/bank-of-america-expects-the-fed-to-keep-hiking-rates-until-point-of-pain-for-consumer-demand/Read more]]>Bank of America has warned that the Federal Reserve will have to keep raising interest rates until it finds “the point of pain for consumer demand.” Expecting a slowdown in consumer demand to “lead to an outright recession,” the bank’s economist cautioned that “additional Fed hikes would also mean more pain for the interest-sensitive non-consumer […]
]]>Bank of America Predicts US Recession This Year as Inflation Hits 40-Year High
https://www.digit.info/bank-of-america-predicts-us-recession-this-year-as-inflation-hits-40-year-high/
Thu, 14 Jul 2022 23:30:11 +0000https://www.digit.info/2022/07/14/bank-of-america-predicts-us-recession-this-year-as-inflation-hits-40-year-high/Read more]]>Bank of America has forecasted that the U.S. economy will slide into a recession this year. “A number of forces have coincided to slow economic momentum more rapidly than we previously expected,” the bank’s economists said. US Economy Heading Into a Recession This Year, Says Bank of America Bank of America’s economists now expect a […]
]]>Bank of America Survey: Most Fund Managers Say Bitcoin Is a Bubble, Inflation Is Transitory
https://www.digit.info/bank-of-america-survey-most-fund-managers-say-bitcoin-is-a-bubble-inflation-is-transitory/
Thu, 17 Jun 2021 02:30:38 +0000https://www.digit.info/2021/06/17/bank-of-america-survey-most-fund-managers-say-bitcoin-is-a-bubble-inflation-is-transitory/Read more]]>The latest Bank of America’s Global Fund Manager Survey shows that “long bitcoin” is now the second most crowded trade. Moreover, most fund managers believe bitcoin is in a bubble and agree with the Fed that inflation is transitory. Bank of America’s June Fund Manager Survey Bank of America (BofA) released its June Global Fund […]
Bank of America has warned that the Federal Reserve will have to keep raising interest rates until it finds “the point of pain for consumer demand.” Expecting a slowdown in consumer demand to “lead to an outright recession,” the bank’s economist cautioned that “additional Fed hikes would also mean more pain for the interest-sensitive non-consumer […]
Bank of America has forecasted that the U.S. economy will slide into a recession this year. “A number of forces have coincided to slow economic momentum more rapidly than we previously expected,” the bank’s economists said. US Economy Heading Into a Recession This Year, Says Bank of America Bank of America’s economists now expect a […]
The latest Bank of America’s Global Fund Manager Survey shows that “long bitcoin” is now the second most crowded trade. Moreover, most fund managers believe bitcoin is in a bubble and agree with the Fed that inflation is transitory. Bank of America’s June Fund Manager Survey Bank of America (BofA) released its June Global Fund […]