Bank Of America Forecasts 7 Rate Hikes In 2022 And Then… Pain

By Tyler Durden, Last week, gasps of shock were heard around Wall Street trading desks when Bank of America decided to outdo every other economist with its either idiotic or brilliant forecast for seven 25bp rate hikes this year. All else equal, we would say “idiotic” as 7 rates hikes would almost certainly send the market crashing […]

The post Bank Of America Forecasts 7 Rate Hikes In 2022 And Then… Pain appeared first on Global Intel Hub.

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