10:54 AM EDT, 09/18/2024 (MT Newswires) -- (Corrected to reflect that Bank of America ( BAC ) analysts are calling for a rate cut of 25 basis points.)

Bank of America ( BAC ) analysts anticipate the Federal Reserve will implement a 25-basis-point cut following the conclusion of its rate-setting committee's two-day meeting Wednesday afternoon, a spokesperson for Bank of America ( BAC ) told MT Newswires.

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