JPMorgan: June FOMC Meeting is an "Insignificant Event"
BlockBeats reported on June 7 that JPMorgan's Chief Economist Mike Feroli stated: For the Federal Reserve, the May employment report was almost "tailor-made," perfectly reinforcing their current inclination—to remain on hold and patiently wait for developments in employment and inflation to determine future policy direction.
This makes the June Federal Open Market Committee (FOMC) meeting an "insignificant event."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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