JPMorgan: If Powell Emphasizes Uncertainty, Markets Could Dial Back Rate Cut Expectations

BlockBeats News, September 16th, JPMorgan strategist Mohit Kumar stated that the focus is still on the Fed's Wednesday meeting, with key being Powell's tone. If Powell emphasizes more on inflation risks or around the uncertainty regarding the economic and inflation outlook, we might see the market lowering the rate cut expectations. (FXStreet)