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JP Morgan says full impact of Federal Reserve rate hikes still to hit

The Federal Open Market Committee (FOMC) statement is due Wednesday (at 1800 GMT, 1400 US Eastern time).Ahead of that, remarks from JPMorgan chief global equity strategist on the rate hikes so far: “I think there’s just a lag effect” “And this time around in this cycle, the lag simply may be longer than what we’re accustomed to sort of seeing in the prior cycles because of the unprecedented injection that we’ve got during Covid, and because of a relatively healthy starting point for things like... Read More

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Posted: Oct 31 2023, 21:34

Author Name: forexlive

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