TIPPING INTO A U.S. RECESSION & THE MAGNITUDE OF A SLOWDOWN >> Fed Cut Coming by Year End, Says JPM’s Bob Michele

 

2K views 1 hour ago Bloomberg Surveillance

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.”