Bank of America: Prediction for Fed's Balance Sheet Reduction End Pushed Back to End of March 2025
Article is form followin
September 21, 2024
This article is translated by ChatGPT Show original
Mars Finance reports that Bank of America strategists Mark Cabana and Katie Craig have revised their forecast, now predicting that the Fed will end balance sheet reduction by the end of March 2025, instead of December 2024. This change is due to the lack of discussion among policymakers about their strategy. The September FOMC meeting indicated that the Fed views policy interest rates and balance sheet adjustments as separate issues.
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.