ICYMI: JP Morgan shifted their forecast for the first FOMC rate cut from July to November ...Middle East

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ICYMI: JP Morgan shifted their forecast for the first FOMC rate cut from July to November
I posted earlier on Goldman Sachs' Fed preview:Goldman Sachs preview the Federal Open Market Committee (FOMC) this week - no cut, but ...ps. The 'but' is GS expect a rate cut from the FOMC in September and then again in December with a barrage of more to follow in 2025 and 2026. As I posted earlier:The Federal Reserve's Federal Open Market Committee (FOMC) meeting this week, on Tuesday and Wednesday. Statement due at 2pm US Eastern time, with Powell's press conference following a half hour later:JP Morgan were predicting a cut from the FOMC in July, but after Friday's blockbuster jobs reports analysts at the bank shifted that call to November. Greg had the news as it hit:J.P. Morgan changes

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