This is a news story, published by Yahoo Finance, that relates primarily to BofA news.
For more BofA news, you can click here:
more BofA newsFor more interest rates news, you can click here:
more interest rates newsFor more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about interest rates, you might also like this article about
June interest rate. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest year core PCE inflation news, June cut news, news about interest rates, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Monetary easingInsider
•87% Informative
BofA still expects three rate cuts this year , but says the next PCE readings will determine this.
If the central bank doesn't lower rates by June , it's likely to hold off on any cuts until March 2025 .
The Fed officially targets the annual change in the personal consumption expenditures, which may make it harder to justify a cut.
VR Score
95
Informative language
96
Neutral language
88
Article tone
formal
Language
English
Language complexity
41
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
1
Affiliate links
no affiliate links