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TechFlow, August 6 — According to Jinshi Data, Bank of America CEO Moynihan said our economists believe the Federal Reserve will not cut interest rates this year, as inflation will take longer to decline. They expect the Fed to cut rates in 2026.
According to Jinshi Data, Bank of America CEO Moynihan said, "Our economists believe the Federal Reserve will not cut interest rates this year, as inflation will take longer to decline. They expect the Fed to cut rates in 2026."
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