[Bank of America Fund Manager Survey Indicates Fed May Raise Rates in the Next 12 Months] Jin10 News, June 16 – The Bank of America's June global fund manager survey found that 40% of investors expect the Federal Reserve to raise interest rates at least once in the next 12 months, up from 16% in May. The survey also revealed that 28% of investors this month anticipate at least one rate cut, a significant drop from 50% last month. Meanwhile, 28% of respondents expect the federal funds rate to remain unchanged over the next 12 months. The survey was conducted from June 5 to June 11.