The post Bank of America Predicts 6% Fed Funds Rate as an Inflation-Cooling Measure appeared first on Coinpedia Fintech News In an unexpected turn of events, Bank of America (BoA) made a bold prediction regarding the trajectory of the Federal Reserve (Fed) interest rates. BoA strategist Michael Hartnett suggests that the Fed may need to raise interest rates up to 6% to effectively curb inflation, despite a predicted pause on rate hikes in June. A …
