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Bank of America sees stagflation, not recession—and no rate cut this year. It’s because of 2 specific Trump policies

Upworthy Sunday, 10 August 2025 ()
Bank of America Research economists remain convinced that the Federal Reserve will not cut interest rates in 2025, despite a recent wave of disappointing jobs data fueling market speculation of an imminent policy shift. The reason, according to a new research note: The U.S. economy is headed…
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