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Major Banks Predict Fed Will Maintain Interest Rates in May

Moomoo 24/7 ·  May 7 15:33

Major banks, including Goldman Sachs, Bank of America, and JPMorgan, expect the Federal Reserve to maintain interest rates at 4.5%. They see a higher threshold for a June rate cut but an increased likelihood of a cut in July, as the Fed remains patient amid economic uncertainties and prepares to guide market expectations through successive meetings.

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