Survey: Most investors expect the Fed to cut rates once or twice this year

Odaily reports that a Bank of America survey of global fund managers in January showed that 79% of investors expect the Federal Reserve to cut interest rates in 2025, with only 2% expecting a rate hike. Bank of America said 39% of respondents expect two rate cuts, 27% expect one rate cut, and 13% expect three rate cuts. Only 2% expect the Federal Reserve to raise rates this year. Data shows that the market's expectation for the extent of rate cuts this year is only slightly above 25 basis points. (<金十>)