Bank of America Global Research now includes a January 2027 increase in its outlook for the U.S. central bank, bringing its projected total to three hikes through March.
The research division’s Nov. 13 update adds a 25-basis-point move between two increases already in its forecast: one in December 2026 and another in March 2027. Each step equals a quarter of a percentage point, and the full sequence would amount to 75 basis points.
Bank of America’s earlier outlook projected increases in December 2026 and March 2027. Investing.com reported that the bank saw a January move as an increasing risk compared with March; EconoTimes previously covered Investing.com’s report on that January-risk assessment.
