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BofA anticipates a 75bp September hike and a terminal rate to 4.00-4.25%

Sep. 16, 2022 7:41 AM ETSPDR® S&P 500 ETF Trust (SPY), VOO, IVVBy: Jason Capul, SA News Editor18 Comments

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Bank of America is anticipating a 75-basis point rate hike from the Federal Reserve next week as August’s CPI print overshadowed the favorable trends in producer and import prices.

BofA came out with an investor note and stated: “We

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