BlockBeats News, February 18th, The Bank of America Global Fund Manager Survey for February showed that a majority of respondents expect the Federal Reserve to cut interest rates this year. The survey found that about 77% of the fund managers surveyed expect the Fed to cut rates in 2025. 46% of investors expect two rate cuts, 27% expect one rate cut, and 4% expect three rate cuts. The survey also revealed that 19% of respondents expect no change in interest rates. Only 1% of investors expect the Fed to raise rates in 2025. (FX678)
