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Fed Makes a Large Rate Cut and Forecasts More to Come
BofA now expects Fed to go for 0.75-percentage-point cut in fourth quarter
BofA Global Research was the only major brokerage to raise its forecast for the Federal Reserve's anticipated interest-rate cuts for the rest of 2024, a day after the U.S. central bank delivered an outsized cut.
Federal officials to cut interest rates by half-percent. What it means for Kentuckians
The Federal Reserve moving ahead with its first rate cut in four years on Wednesday, lowering its key interest rate by a hefty half percentage point. With the slowing labor market posing a growing risk to economic expansion,
Live updates: Fed expected to cut rates today for the first time since 2020
The Federal Reserve is slated to cut interest rates in its meeting Wednesday. Follow along for live updates on the Fed interest rate decision.
2d
on MSN
BofA: Investors are ‘nervous bulls’ as global sentiment improves in September
Investors are ‘nervous bulls’ as global sentiment improves in September, Bank of America says. Read more here.
InvestmentNews
19h
BofA bags $2.7B powerhouse advisor from Citi
Bank of America Private Bank is boosting its ultra-high-net-worth presence in Atlanta, Georgia and the broader Southeastern ...
1d
BofA Bankers Bullish on Prospects for Tech IPOs and M&A
Hi, it’s Ryan Gould back from San Francisco, where I stopped by a Bank of America tech symposium. Elsewhere, banks are ready ...
Think Advisor
2d
Ex-BofA Banker's Murder Trial Postponed to March
The trial of a former Bank of America banker accused of murdering his ex-girlfriend,
BofA
executive Michelle Avan, in 2021 has been postponed until next year because a key prosecution witness is ...
1h
The Fed delivered a best-case scenario for stocks: BofA
The U.S. large-cap sector was the key driver, attracting $26.2 billion. Notably, value stocks posted their largest inflow ...
7d
JPMorgan and BofA are rolling out new guardrails to protect young bankers. Here's why some on Wall Street are skeptical.
JPMorgan and BofA are rolling out new guardrails to protect young investment bankers. Here's why some on Wall Street are ...
3d
on MSN
BofA hires Citi's Chief Accounting Officer Okpara, FT reports
Bank of America has hired Citigroup's Chief Accounting Officer Johnbull Okpara to act in the same position, the Financial ...
InvestmentNews
3d
BofA sees first rise in investor sentiment since June
6 and Sept. 12 and canvassed 206 participants with $593 billion in assets: About 52% of investors believe the US economy ...
Benzinga.com
2d
Used Car Seller Carvana On Road To $15B Revenue By 2025 As Unit Growth Accelerates: BofA
BofA
Securities reinstated coverage with a Buy rating on Carvana with $185 price target. Analyst expects Carvana's 2025 ...
3d
on MSN
'Boring is good': Here's where investors should look for safety amid rising uncertainty, according to BofA's stock strategy chief
Traders should avoid risks with sectors like financials, utilities and real estate amid rising market uncertainty, strategist ...
阿思達克財經網
5h
Warren Buffett Reduces BofA's Holdings by US$896M Again; Remaining US$34B+ Stake Now Entirely Profit
Regulatory filings show that Warren Buffett's investment flagship, Berkshire Hathaway (BRK.A.US), continues to sell Bank of ...
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