Nov 21st, 2025

JPM's Pandit: Uptick in Unemployment is Concerning

Meera Pandit, Executive Director and Global Market Strategist at JPMorgan Asset Management, says the Fed may hold rates in December and then cut gradually next year, likely no more than two to three times. She tells Katie Greifeld and Romaine Bostick on “The Close” that the recent uptick in unemployment is concerning.