Bank of America survey: Most investors expect the Fed to cut interest rates in 2025

Odaily News Bank of America's February global fund manager survey showed that most respondents expect the Federal Reserve to cut interest rates this year. The survey showed that about 77% of fund managers surveyed expected the Federal Reserve to cut interest rates in 2025. 46% of investors expected two rate cuts, 27% expected one rate cut, and 4% expected three rate cuts. The survey showed that 19% of respondents expected interest rates to remain unchanged. Only 1% of investors expected the Federal Reserve to raise interest rates in 2025. (Jinshi)