Analysts at JP Morgan provide their outlook on FOMC monetary policy meeting scheduled next in September.

Also read: Fed to slow to 50 bps hike in September as recession fears grow – Reuters poll

Key quotes

“We expect another outsized Fed hike in September, but post that we would look for the Fed not to surprise the markets on the hawkish side again.”

“Expect the trade-off between growth and monetary policy to improve from here, which will assist the overall market to keep recovering.”