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Morning Edition · Tuesday, June 23, 2026Published at 6:27 AM EDT · New York
Bank of America Now Expects Three Fed Rate Hikes This Year as Warsh's Inflation Fight Hardens
A forecast for tightening under the new Federal Reserve chair injects real-rate uncertainty that pressures risk assets, crypto included.
Bank of America now expects three Federal Reserve interest-rate hikes this year, warning that inflation is getting "unambiguously worse" under Chair Kevin Warsh, the bank told CNBC. The call marks a shift toward a tighter monetary path than…
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