JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes further reductions are likely if the job market weakens. While some other Wall Street firms have adjusted their outlooks, JPMorgan remains confident in its forecast, […]
Source: https://news.bitcoin.com/jpmorgan-forecasts-50bps-rate-cut-in-november-following-recent-fed-move/