BofA pours cold water on what's next for rates under Powell
- Posted on January 12, 2026
- By Yahoo News
- 4 Views
BofA pours cold water on what's next for rates under Powell
If you were betting on the Federal Reserve to keep the rate-cut party going, I have some bad news: Bank of America has just poured cold water on that forecast. In a new research note shared with me, analysts revealed an uncomfortable truth: while Jerome Powell remains at the helm until May, the ...