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Bank of America just predicted that the Fed won't hike interest rates until March 2025

Economists from Bank of America just warned that the Federal Reserve might not cut interest rates until March 2025. With other news outlets speculating that the next Fed move might actually be a rate hike. Subscribe to Adam's YouTube Channel, Thoughtful Money:    / @adam.taggart   The prospect of Jerome Powell and the Federal Reserve keeping interest rates higher for longer. And potentially increasing rates is a worrying prospect for the US economy. It means that home prices and stock prices could have downward pressure as 2024 goes on due to higher borrowing costs. It also means that the economy is also not fully out of the woods. With the prospect of recession and economic slowdown still lurking around the corner. --- REVENTURE APP: https://www.reventure.app Access Exclusive Data and Videos as a Channel Member:    / @reventureconsulting   DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship. Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/ Additional stock footage provided by Envato Elements. https://elements.envato.com/