J.P. Morgan Economist: No Fed Rate Cuts in 2026, 2027
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
J.P. Morgans Michael Feroli challenges the Feds interest rate plans, predicting steady or even raised rates through 2027 due to persistent inflation and geopolitical tensions. Recent data supports his concerns, with inflation rates above the Feds target. As markets anticipate low odds for cuts, the future of interest rates remains uncertain.
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