04 Oct 2025 | 5 Mins Read
BofA adjusts Fed rate cut forecast to October
Flipitmoney
Bank of America Global Research forecasts a Federal Reserve interest rate cut in October, citing a softening labor market. They predict one more 25-basis-point rate cut this year. The U.S. government shutdown has delayed key economic data, but Bank of America believes alternative indicators justify a rate cut. A 98% rate cut probability for October and 90% for December is priced-in by investors.