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JPMorgan Forecasts Potential 50bps Rate Cut in November Following Recent Fed Move

JPMorgan Forecasts 50bps Rate Cut in November Following Recent Fed Move


JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes further reductions are likely if the job market weakens. While some other Wall Street firms have adjusted their outlooks, JPMorgan remains confident in its forecast, […]

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