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BofA Survey Finds Investor Sentiment Rising on Fed Rate Bets
Posted
September 17, 2024
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7:21Now PlayingA global survey by Bank of America Corp. finds optimism around highly anticipated interest-rate cuts from the Federal Reserve has boosted investor sentiment for the first time since June. Fund managers see a 79% chance of a soft landing as rate cuts support the economy. Elyas Galou, senior investment strategist at BofA Securities, runs through the findings of the bank’s global fund manager survey.
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