JPMorgan now sees the Fed hiking in September and December


The market is already priced at 86% so they’re late to the party on this one.

Might as well also put out a forecast for Spain to win the 2026 FIFA World Cup.

In any case, all that’s at stake now is Warsh’s credibility. If he doesn’t hike, then it’s going to be a long, ugly term for him and gold is going straight to the moon. It’s also going to be interesting to see how the tweeter-in-chief reacts.

This article was written by Adam Button at investinglive.com.



Source link

Categories:

Leave a Reply

Your email address will not be published. Required fields are marked *

Update cookies preferences