Fed Expected to Keep Raising Rates Until Inflation Cools
Kelsey Berro, Fixed Income Portfolio Manager at JPMorgan Asset Management, discussed the Federal Reserve's challenging position amid recent disinflationary signals. Despite expectations for a modest 0.2% month-over-month increase in core CPI and relatively moderate inflation rates over several time horizons, the Fed remains cautious due to core PCE inflation running above 3%. Berro emphasized…
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