On September 4, Mark Cabana, head of interest rate strategy at Bank of America, stated that the Fed might lower interest rates to at least 3%. The market has underestimated the potential range of outcomes where the Fed could lower rates below 3%. ( Jin10 )
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Bank of America Interest Rate Strategy Chief: The Fed may lower interest rates to at least 3%
On September 4, Mark Cabana, head of interest rate strategy at Bank of America, stated that the Fed might lower interest rates to at least 3%. The market has underestimated the potential range of outcomes where the Fed could lower rates below 3%. ( Jin10 )