Bank of America: Feds Inflation Problem Unambiguously Worse as It Forecasts 3 Rate Hikes in 2026

Bank of America now expects the Federal Reserve to raise interest rates three times in 2026, reversing its earlier call for the central bank to stay on hold. The shift follows a warning that the Feds inflation problem has become unambiguously worse. A Sharp Reversal Bank of Americas economics team made the hawkish call this []