[Bank of America: The Market May Soon Bet on a Fed Rate Cut in January] Jin10 News, December 5 – Bank of America pointed out that although the Federal Reserve has signaled cautious policy, the market may soon begin to more aggressively bet on a rate cut in January next year. The bank expects the Fed to cut rates by 25 basis points in December while issuing more hawkish guidance and facing multiple dissenting opinions. Its economic forecasts are expected to show stronger growth and lower inflation levels. Bank of America believes that, given a large amount of data will be released before January, it will be difficult for Chair Powell to effectively suppress market expectations for further easing. Analysts stated that as the market focuses on the upcoming data releases, Powell is unlikely to change the market's policy expectations of 'data dependency.'