JPMorgan Plays Down Odds of Full-Point Fed Rate Hike
(Bloomberg) — Federal Reserve officials are unlikely to raise interest rates by a super-sized 100 basis points when they meet next week, according to JPMorgan Chase & Co. (NYSE:) chief US economist Michael Feroli. “We think the odds of a 100 basis-point move — though certainly not zero — are lower than a third,” he …
JPMorgan Plays Down Odds of Full-Point Fed Rate Hike Read More »