Sep 12th, 2023
JPM’s Michele Sees US Recession, Fed Cut by Year End
Bob Michele, CIO and global head of fixed income and commodities at JPMorgan Asset Management, says the Federal Reserve is signaling that it is willing to “make the economy a casualty” by prioritizing inflation-over-growth. Michele explains why he still expects a Fed rate cut by the end of the year on “Bloomberg Surveillance.”
