JPMorgan Chase: Fed Sees Unexpected Unity in Rate Cut Support, Fiscal and Monetary Policies to Remain Accommodative

BlockBeats News, September 18th. According to the Fed's dot plot, out of 19 officials, only 1 official believes that there should not be a rate cut in 2025. JPMorgan analyst Michelle believes that it is surprising that there is only one dissenting opinion, leading to a "united" Fed this time. Currently, there is not much concern about inflation, and fiscal and monetary policies will remain accommodative. (FXStreet)