Bank of America (BofA) Global Research has significantly revised its outlook on U.S. monetary policy, predicting that the Federal Reserve will implement three interest rate hikes in 2026. The updated forecast aligns the bank with some of Wall Streets most hawkish analysts and could create additional pressure on risk assets, including Bitcoin and the broader cryptocurrency market. According to BofAs latest projections, the Federal Reserve is expected to raise interest rates by 25 basis points at each of its September, October, and December meetings. If realized, the cumulative 75-basis-point… Read more
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