Breaking: Bank of America Predicts Fed Rate Cut in October 2025 🚨

Breaking News: Bank of America Global Research has shifted its forecast, now predicting that the U.S. Federal Reserve will cut interest rates in October 2025 instead of December.

This move comes as signs of a weakening labor market emerge and pressure mounts on the Fed to support economic growth. Markets are already pricing in a 98% chance of an October rate cut, with another expected in December.

Economists remain divided: some warn about the risks of cutting too soon, while others believe delaying could harm fragile sectors. Meanwhile, the ongoing U.S. government shutdown is adding further uncertainty, delaying critical economic data releases.

Stay tuned to Global Update 24 for the latest verified reports, global reactions, and expert analysis on this developing economic story.#FederalReserve #BreakingNews #USAEconomy #BankOfAmerica #InterestRates #GlobalMarkets #FinanceNews #FedRateCut #WorldNews #GlobalUpdate24