Citi—which anticipates five rate cuts in 2025—has a downbeat forecast for a meager 0.7 percent growth. Bank of America is forecasting an above-consensus 2.4 percent growth for the year, hence their ...
After Waller’s remarks investors shifted toward a view of two ratecuts as more likely, with a good chance the first comes as early as May. Bond yields also fell. The Fed is trying to ...