JPMorgan Asset Management’s Bob Michele said he expects the Federal Reserve to raise interest rates “once or twice” next year, but not embark on a “dramatic hiking cycle,” according to Bloomberg.
Michele, the firm’s global head of fixed income, cited factors he believes could lead the Fed to make what he called “maintenance hikes.”
JPMorgan Asset Management’s Bob Michele Sees Fed ‘Maintenance Hikes’ Next Year
2026-06-30 13:17:36
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