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Title: Key Takeaways From September 2024 Bank of America Global Fund Manager Survey. - FED rate cuts has boosted fund managers sentiment for the first time since June, according to a global survey by Bank of America Corp.
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- Global growth expectations improved slightly from August’s survey, but remained pessimistic with a net 42% of participants predicting a weaker economy.
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- Fund managers see a 79% chance of a soft landing as rate cuts support the economy.
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