BofA’s June global fund manager survey (June 5-11) found 40% expect the Federal Reserve to raise rates at least once in the next 12 months, up from 16% in May. 28% expect at least one cut, down from 50% last month, while 28% expect no change to the federal funds rate over the same period.

2026-06-16

BofA’s June global fund manager survey (June 5-11) found 40% expect the Federal Reserve to raise rates at least once in the next 12 months, up from 16% in May. 28% expect at least one cut, down from 50% last month, while 28% expect no change to the federal funds rate over the same period.