US Recession, Fed Cut Coming by Year End, Says JPM’s Bob Michele

US Recession, Fed Cut Coming by Year End, Says JPM’s Bob Michele

動画公開日 : 2023-09-12 21:44:07

Bob Michele, CIO and global head of fixed income and commodities at JPMorgan Asset Management, says the Federal Reserve is signaling that it is willing to “make the economy a casualty” by prioritizing inflation-over-growth. Michele explains why he still expects a Fed rate cut by the end of the year on “Bloomberg Surveillance.”
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