Odaily Planet Daily News: Bank of America economist Stephen Juneau stated, "We still expect the Federal Reserve to cut interest rates in December, and we believe the data will meet expectations, but it is also understandable why the market feels this is a bit like flipping a coin. The U.S. economy remains very strong, and inflation is still above target levels. We will see deregulation, looser fiscal policies, more protectionist trade policies, and stricter immigration policies. All of these will pose upward risks to inflation... The Federal Reserve is unlikely to cut rates as significantly as we previously considered, because they will see inflation continuing to remain above their target levels." It is reported that Bank of America recently raised its forecast for the federal funds rate to 3.75%-4.00%, from the previous 3.00%-3.25%. (Golden Ten)