Investors are banking on the Fed to save stocks and the economy, according to Wall Street survey

More than 90% of fund managers are expecting lower short-term rates in the next 12 months, marking the highest percentage in the past 24 years, BofA said.

Aug 14, 2024 - 08:00
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Investors are banking on the Fed to save stocks and the economy, according to Wall Street survey
More than 90% of fund managers are expecting lower short-term rates in the next 12 months, marking the highest percentage in the past 24 years, BofA said.