Fed Rate Hike Likely in Next 12 Months, BofA Fund Manager Survey Shows -- Market Talk
Dow Jones18:43
1043 GMT - Forty percent of investors expect at least one interest-rate hike by the Federal Reserve in the next 12 months, up from 16% in May, the Bank of America's June global fund manager survey finds. This month 28% expect at least one rate cut, which is down sharply from 50% last month, the survey finds. Meanwhile, 28% of respondents expect no change to Fed funds rate in the next 12 month, it says. The survey was carried out between June 5 and June 11, BofA says. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
June 16, 2026 06:43 ET (10:43 GMT)
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