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40% of Investors Expect Fed to Hike Rates at Least Once in Next 12 Months, Up From 16% in May

2026-06-16 10:49:50

According to Bank of America's June fund manager survey, 40% of investors expect the Federal Reserve to raise interest rates at least once within the next 12 months, up significantly from 16% in May. Meanwhile, 28% of respondents anticipate at least one rate cut over the same period, down sharply from 50% last month, while another 28% expect no change to the federal funds rate.

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