Heads up if you’re waiting for cheaper loans or mortgages: Bank of America just dialed back its prediction for how quickly the Fed will cut rates. Instead of a quick drop, expect a slow, careful descent—think two small cuts, maybe in September and December. Translation? Borrowing costs will likely stay higher for longer, so if you’re eyeing a new car or home, you might want to lock in rates sooner rather than later. #Business #Market #MoneyMoves