Bank of America Warns of Potential Trouble for Economy if Fed Cuts Rates
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#191fec04 ver:1.32

Bank of America warns of potential trouble for the economy if the Fed cuts rates. The hawkish policy stance of the Fed has triggered rising bond yields and a stronger US dollar. Rate cuts are expected in September, but if the market grows more confident of lower rates, a hard landing could occur. Jobs data will provide insight into the health of the US economy, potentially pushing back odds of a rate cut. Investors continue to pour money into stocks and investment-grade bonds. #economy #Fed #ratecuts...

#newstr #UsFederalReserve #GlobalMarkets #RateCuts #IciciBank #EuropeanCentralBank #Ecb #ChristineLagarde #Eurozone #Uk #Australia 

 https://here.news/story/191fec04?ver=1.32