Fed Rate Cut: BoA’s Mark Cabana Reveals What To Expect Ahead FOMC Meeting

The Federal Reserve is widely expected to announce a quarter-point interest rate cut this week following its two-day policy meeting. As central banks gear up for monetary policy decisions, market participants are keen to understand the rationale behind the anticipated cut and its future trajectory. Mark Cabana, Head of U.S. Rate Strategy at Bank of America Securities, provided insights into what to expect from the upcoming FOMC decision.