JPMorgan: Fed may pause easing cycle as early as December if Trump wins election
On Nov. 5, JPMorgan analyst David Kelly said the Federal Reserve could pause its easing cycle as early as December if Trump wins the U.S. election this week.Kelly argued that Trump's expansionary fiscal policy plans would push up inflation and prevent interest rates from falling. He said, “If Trump wins the election, then he will adopt a more expansionary fiscal policy that could trigger a trade war, deficits will widen and interest rates will rise.” Kelly also said the Fed will almost certainly cut rates by 25 basis points in its rate decision on Friday, even if the election takes place before then.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If ETH falls below $4,376, the cumulative long liquidation intensity on major CEXs will reach $2.729 billions.
RWA institution Centrifuge has issued some assets on Solana.
IREN Co-founder Sells Shares for $66 Million as Bitcoin Mining Company's Stock Hits New High
Trending news
MoreCrypto prices
More








