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Bank of America CEO backs three Fed rate hikes this year, signaling trouble for risk assets

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FOMOGRAM Editorial Desk
Aug 5, 2026
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Bank of America CEO backs three Fed rate hikes this year, signaling trouble for risk assets
EXECUTIVE SUMMARY

Bank of America CEO forecasts three Fed rate hikes this year, indicating a hawkish stance that could dampen risk asset performance. Higher rates typically pressure crypto markets and corporate profits.

Bank of America CEO forecasts three Fed rate hikes this year, indicating a hawkish stance that could dampen risk asset performance. Higher rates typically pressure crypto markets and corporate profits.

FOMOGRAM SENTINEL GRAVITY TELEMETRY

BofA's forecast for three Fed rate hikes signals tightening monetary policy, likely to negatively impact risk assets including cryptocurrencies.

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