Fed Needs to Get Ahead of the Narrative, JPMorgan Says

Iain Stealey, international fixed income CIO at JPMorgan Asset Management, discusses the outlook for Federal Reserve policy amid softer US economic data and ahead of Fed Chair Jerome Powell’s testimony to Congress. "The jobs data that seems to be coming out a bit softer should give them, and should embolden them, to get moving," Stealey said on Bloomberg Television. Bloomberg MLIV’s Kristine Aquino also weighs in.

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News post in July 9, 2024, 12:06 pm.

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