In a recent analysis, Gate's research team highlights JPMorgan's forecast regarding the Federal Reserve's monetary policy. The financial giant anticipates a potential 25 basis point reduction in interest rates by September, despite ongoing uncertainties in inflation trends.
Economic indicators suggest that the August Consumer Price Index (CPI) might show a 2.9% year-over-year increase. Concurrently, the core CPI is projected to maintain a steady growth rate of 3.1%. However, these projections come with a caveat: should the inflation data surpass expectations, the anticipated rate adjustment co