Fed rate cuts are already over after they barely started as blowout jobs report shifts focus to hikes, BofA says
- Posted on January 11, 2025
- By Fortune
- 1 Views
Fed rate cuts are already over after they barely started as blowout jobs report shifts focus to hikes, BofA says
"Inflation is stuck above target and risks are skewed to the upside. Economic activity is robust. We see little reason for additional easing."