Markets
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.
Changes in rates or inflation can affect borrowing costs, household spending and company margins.
Compare the release with prior data and the central bank’s published decision.
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.
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