BofA Warns of Warsh’s Fed Raising Rates Above 5% in 2022 Redux
It’s time for investors to prepare for the risk that the Federal Reserve raises its benchmark rate above 5%, according to Bank of America Corp. strategists.
By Greg Ritchie · Bloomberg Markets
It’s time for investors to prepare for the risk that the Federal Reserve raises its benchmark rate above 5%, according to Bank of America Corp. strategists.