JPMorgan Chase Chief Economist: Expects Fed to Cut Rates by 50 Basis Points at Next Meeting
Article is form Jinse
September 20, 2024
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Gold Finance reported that Michael Feroli, chief economist at JPMorgan Chase, said he still expects the rate cuts to be faster than the Fed consensus. If the next two employment reports show further weakness, there will be a 50 basis point rate cut at the next meeting in early November.
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