Markets Go 'All-In' On Fed Pivot: Bank of America Forecasts 152 Global Interest Rate Cuts For 2024 - iShares Russell 2000 ETF (ARCA:IWM), ARK Innovation ETF (ARCA:ARKK)
Bank of America strategist predicts 152 rate cuts in 2024, sparking a rally in risk assets. Markets are expecting a 4.6% rate in 2024.
Source: benzinga.com