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Bank of America resets Fed interest rate cut forecast ahead of FOMC meeting

By Avery Bennett · Thursday, December 4, 2025
Finn's Take· TL;DR
  • BofA now expects fewer Fed rate cuts than previously forecast due to economic headwinds and inflation concerns.
  • Rising unemployment and slower wage growth are pressuring the Fed to potentially reconsider aggressive rate-cutting timelines.
  • Mortgage rates staying elevated continues hurting homebuyers despite expectations for eventual Fed policy shifts.
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Bank of America resets Fed interest rate cut forecast ahead of FOMC meeting

Here's what may happen to interest rates next. Key Points

  • Mortgage rates remain high due to Fed policies, making homebuying difficult for many.
  • Bank of America adjusts its rate cut forecast amid rising unemployment and slowing wa… [+7001 chars]

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