JPMorgan Sees Fed on Hold as ‘Teflon Inflation’ Eases Concerns

JPMorgan Sees Fed on Hold as ‘Teflon Inflation’ Eases Concerns

JPMorgan Asset Management’s chief global strategist said the Federal Reserve should keep interest rates unchanged and predicted that inflation will gradually come down as evidence mounts that a sustained wage-price spiral won’t take root.

JPMorgan Asset Management’s chief global strategist said the Federal Reserve should keep interest rates unchanged and predicted that inflation will gradually come down as evidence mounts that a sustained wage-price spiral won’t take root.
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Bloomberg — Markets (EN)




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