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Fed officials see smaller rate hikes coming 'soon', minutes say

Fed officials see smaller rate hikes coming ‘soon’, minutes say

Federal Reserve officials agreed earlier this month that smaller interest rate increases should take place as they assess the policy’s impact on the economy, meeting minutes said. the meeting published on Wednesday. Reflecting statements that several officials have made over the past few weeks, the summary of the meeting pointed to small rate hikes ahead. …

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JPMorgan sees four potential outcomes for the economy, and only one of them is good

JPMorgan sees four potential outcomes for the economy, and only one of them is good

According to economists at JPMorgan Chase, the global economy faces four likely scenarios – none particularly large – although there is a 1 in 5 chance a recession will not take hold. In the company’s most likely case, the United States is likely to experience a contraction in the latter part of 2023. Other possible …

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