Bank of America strategists said investors should prepare for the possibility that the Federal Reserve will raise the benchmark interest rate above 5%, which will exceed current market expectations. The strategist said that judging from Walsh's statement that last week's interest rate hike actually “reduced the intensity of easing,” this shows that officials currently do not think that monetary policy will hinder the development of the US economy.

Bank of America strategists said investors should prepare for the possibility that the Federal Reserve will raise the benchmark interest rate above 5%, which will exceed current market expectations. The strategist said that judging from Walsh's statement that last week's interest rate hike actually “reduced the intensity of easing,” this shows that officials currently do not think that monetary policy will hinder the development of the US economy.