[O]ur 3Q GDP tracking has moved up a tenth to 1.6%. Also, our 2Q GDP tracking is down a tenth to 3.2% from the second estiamte of 2Q GDP by the BEA. [September 5th comment]F…
emphasis added
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2025 › September › 05
BofA
10 months ago
From BofA:
Bank of America now expects the Fed to cut rates after previously seeing no moves this year ○
After the U.S. economy added just 22,000 jobs last month, BofA altered its forecast of no rate cuts this year to now seeing two quarter percentage point moves.
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