Macro· ★★★★· bearish·

BofA sees two more Fed hikes taking rates to 4.5% by March

  • —BofA expects hikes in December 2026 and March 2027 to 4.25%–4.50%
  • —Fed held rates at 3.75%–4.00% with two dissents favoring a hike
  • —CME FedWatch puts odds of a December hike at 85.7%
  • —Warsh gave no December guidance, which BofA called dovish
Why it matters: BofA's hawkish call reinforces expectations of higher rates, a headwind for risk assets including bitcoin and crypto.
#BTC
Source: Invezz
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