Watch US Inflation: Fed Shouldn’t Do a 50Bps Rate Hike, JPM’s Kelly Says - Bloomberg
· bloomberg.com · popularity 46/100 · 0 similar stories today · Economy & Markets (Money, Markets & Investing)
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Summary
David Kelly, chief global strategist at JPMorgan Asset Management, explains why a half-point rate hike by the Federal Reserve is not needed next month, following a higher-than-expected rise in the US consumer price index. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
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