JPMorgan Predicts Fed to Slash Rates by 125 Basis Points by December

In an interview on Bloomberg Television on September 16, 2024, Joyce Chang, JPMorgan’s Global Research Chair, reiterated her expectation that the Federal Reserve will announce a 50 basis point rate cut at its upcoming meeting on Wednesday. Despite ongoing debates within the market, Chang noted that her team is holding firm on their projection, although […]