BOFA: MARKET COULD SOON PRICE A JANUARY FED CUT Bank of America says markets may start betting more aggressively on a January rate cut, despite the Fed’s cautious messaging. The bank expects a 25bp cut in December with tougher guidance and several dissents, along with projections showing stronger growth and lower inflation. BofA doubts Powell can credibly push back against expectations for further easing given the heavy data flow before January. With markets focused on incoming numbers, analysts say Powell is unlikely to shift expectations away from data dependence.(*Walter Bloomberg)