JPMorgan Chase Chief Economist: Expects Fed to Cut Rates by 50 Basis Points at Next Meeting
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September 20, 2024
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JPMorgan Chase's chief economist, Michael Feroli, said he still expects the rate cut pace to be faster than the Fed consensus. If the next two employment reports are further weak, there is a chance of a 50 basis point cut at the next meeting in early November. (JinShi)
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