Bank of America Predicts Fed Rate Cuts in 2025: Potential Boost for Crypto?

Bank of America has significantly revised its interest rate forecast, predicting two Federal Reserve rate cuts by 2025, prompted by disappointing U.S. labor data. This shift signals a potential move towards a more accommodative monetary policy and could lead to increased investor appetite for riskier assets like Bitcoin and Ethereum. The economic implications of this prediction are significant, with the possibility of shifts in market sentiment and impact on cryptocurrency markets.