JPMorgan Chase: Expectations of the Federal Reserve's first interest rate cut in September are at risk
2024-06-12 22:37:01
Economists at JPMorgan said Wednesday's consumer inflation report and Federal Reserve meeting raised the risk that the first rate cut would come in September, though their baseline forecast remains for a November cut. "Overall, while the midpoint of this year's dot plot is a bit of a surprise, our view of the Fed this afternoon is not much different," Michael Feroli, chief U.S. economist at JPMorgan, wrote in a note. "We continue to see the first rate cut in November, and after this morning, the risk may be more tilted towards September than December."
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
摩根大通：美联储9月首次降息的预期存在风险Next article：
昨日GBTC未有资金流入流出
