Survey: Most investors expect the Fed to cut rates once or twice this year

Odaily News A Bank of America survey of global fund managers in January showed that 79% of investors expected the Federal Reserve to cut interest rates in 2025, and only 2% expected a rate hike. Bank of America said that 39% of respondents expected two rate cuts, 27% thought it would be one, and 13% thought it would be three. Only 2% expected the Fed to raise interest rates this year. Institutional data showed that the money market's expectations for this year's rate cuts were just over 25 basis points. (Jinshi)