by: xpoolPosted on:

JPMorgan Forecasts Rate Cut in September Amid Inflation Uncertainty

JPMorgan predicts the Federal Reserve will lower interest rates by 25 basis points in September, despite ongoing uncertainty regarding inflation figures. The August Consumer Price Index (CPI) is expected to increase by 2.9% year-on-year, with core CPI showing a steady growth rate of 3.1%. If inflation data surpasses expectations, the rate cut might be delayed until October or December.

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