Major Brokerages Boost Bets on Dec. Fed Rate Cut BofA Global Research became the latest brokerage to forecast an interest rate cut by the U.S. Federal Reserve in December, as dovish signals from key voting members and weakness in labor market conditions ramped up hopes of lower borrowing costs. Original Source: https://www.newsmax.com/finance/economy/brokerage-federal-reserve/2025/12/02/id/1236716