Bank of America resets interest rate cut forecast after inflation shocker

The financial services company responds to the latest Consumer Price Index report.

Feb 15, 2025 - 18:30
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Bank of America resets interest rate cut forecast after inflation shocker

When it got here to hobby rates, Bill Cross kept it easy.

“It's kind of affection a teeter-totter,” acknowledged the co-founding father of Pacific Funding Management Co. “When hobby rates scramble down, prices scramble up.”

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