BofA predicts that Warsh-led Federal Reserve will hike rates 3x this year, won't cut until 2028

Bank of America (BAC) now expects the Fed to raise interest rates three times this year under new Chair Kevin Warsh, with no cut penciled in until 2028. That is a hard turn from the bank’s view just days ago, when Cryptopolitan reported that its economists had thought the Fed would sit still and tolerate...