Bank of America's April Global Fund Managers Survey: 34% of surveyed investors expect to cut interest rates twice, 25% expect to cut interest rates three times, and 16% expect to cut interest rates four or more times. 13% of investors expect interest rates to be cut once, while 9% of investors expect the Federal Reserve interest rate to remain unchanged. Currently, the federal funds rate target range is 4.25% - 4.50%.

Bank of America's April Global Fund Managers Survey: 34% of surveyed investors expect to cut interest rates twice, 25% expect to cut interest rates three times, and 16% expect to cut interest rates four or more times. 13% of investors expect interest rates to be cut once, while 9% of investors expect the Federal Reserve interest rate to remain unchanged. Currently, the federal funds rate target range is 4.25% - 4.50%.