JPM Sees Fed Cuts in Dec., Jan. Before Staying on Hold
Joyce Chang, JPMorgan Global Research Chair, says the Federal Reserve will likely lower interest rates by 25 bps in December and cut again in January before holding for the rest of 2026. She adds that US inflation remains "very sticky" and that employment data has been weak, unlike "very strong" growth data. (Source: Bloomberg)
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
