Bank of America: Serious Internal Disagreements May Emerge at the Fed's September Meeting
Jinse Finance reported that Bank of America expects significant internal divisions in the Federal Reserve's interest rate decision in September. Dovish members such as Waller, Bowman, Daly, and Milan, who is likely to be confirmed as a board nominee, may push for further rate cuts, while hawkish members such as Harker, Bostic, Musalem, and Schmid emphasize inflation risks. Even if there is a 25 basis point rate cut at the September meeting, there may still be dissenting votes in both directions within the committee.
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