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Bank of America predicts serious internal divisions at September Fed meeting
Summary: According to sources, Bank of America predicts that the September Federal Reserve interest rate decision will see serious internal divisions. Dovish members like Waller, Bowman, Daly, and potential nominee Milan may push for further rate cuts, while hawkish members like Harker, Bostic, Mester, and Schimidt emphasize inflation risks. Even if a 25 basis point rate ...
According to sources, Bank of America predicts that the September Federal Reserve interest rate decision will see serious internal divisions. Dovish members like Waller, Bowman, Daly, and potential nominee Milan may push for further rate cuts, while hawkish members like Harker, Bostic, Mester, and Schimidt emphasize inflation risks. Even if a 25 basis point rate cut occurs at the September meeting, there may still be dissenting votes within the committee.
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