Fed on hold well into 2024 – JP Morgan

Market news

7 November 2023

Fed on hold well into 2024 – JP Morgan

After two consecutive pauses, what is next for the Federal Reserve? Economists at JP Morgan analyze chances of another hike this cycle.

The Fed will remain data dependent going forward

The Fed will remain data dependent going forward, and having now paused hiking rates for two consecutive meetings this suggests they are willing to exercise patience and proceed carefully.

While a reacceleration in growth and/or inflation could prompt another rate hike either in December or early next year, short-term bumps in a downward trending economy likely keep the Fed on hold well into 2024.

Fed's Waller: Labor supply appears to be normalizing to pre-pandemic levels

USD/CHF rises towards 0.9000, eyes on bearish SMA cross

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.