JPMorgan delivers blunt message on interest rate cuts
JPMorgan pushed back emphatically on expectations of potential interest rate cuts in the back half of this year. According to the bank’s head strategist, Oksana Aronov, we’re unlikely to see aggressive tightening in monetary policy, with economic growth sluggish and risks creeping up under the surface. “The bar for hikes is quite high, especially now that […]
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