According to BofA, "a broad-based slowdown in inflation ... Overall, Bank of America expects the Fed to adopt a "slow and ...

Despite the Fed's optimistic stance, BofA expressed skepticism that the central bank's efforts would suffice, forecasting ...

Wealth and investment management revenue climbed 8% to $5.8 billion and saw client balances jump 18% to $4.2 trillion thanks to rising market valuations and client flows.

BofA Securities' clients last week purchased U.S. equities at the fastest pace in nearly two years as the Federal Reserve decided to cut interest rates by 50 basis points, according to BofA Global ...

Oct 14 (Reuters) - J.P.Morgan and BofA Global Research have joined a growing rank of major brokerages that expect the U.S. Federal Reserve to reduce interest rates by 25 basis points in November ...

That's the question Aditya Bhave, U.S. economist at BofA Global, was raising after Friday's robust jobs report. "The data flow since the Fed's decision to cut by 50bp in September has been ...

“Froth is on the rise” but BofA’s Bull & Bear Indicator is still ... Investors expect the Fed to cut rates by another 160 basis points on average over the next 12 months Most crowded trades ...

Also Read: Hurricane Milton Evacuations ‘A Matter Of Life And Death,’ Biden Says: Fed’s Bostic Says Storm Could Have Significant Economic Impact Over Next 6 Months. BofA writes that the core ...

Savita Subramanian, BofA's head of US equity and strategy ... part of the appeal of value sectors is the high dividends they offer. As the Fed's cutting cycle pulls down short-term yields ...

Here are the forecasts from major brokerages after the jobs report: Rate cut estimates (in bps) 2024 Nov Dec 2025 Fed Funds Rate at end of 2025 BofA Global Research 25 25 125 3.0%-3.25% (end 2025) ...