📢📢The latest news from Odaily Planet Daily! The results of the Bank of America Global Fund Manager Monthly Survey are out, and investors are eager for the Fed's interest rate cuts🔥. It is reported that 84% of investors expect the Fed to cut interest rates at some point in 2024, of which 33% expect the Fed to cut interest rates twice in the next 12 months, 31% expect three cuts, and 14% expect more than three cuts. 😮
Specific to the time point, 39% of investors expect the Fed to cut interest rates in September, 16% expect it to cut interest rates in November, and 23% expect it to cut interest rates in December. Only 6% of investors expect the Fed to cut interest rates as early as July. 📆
What impact might this news have on the Bitcoin market? Let's wait and see! 🚀🚀