All into Account
All into Account: ‘FOMC Takeaways’ with Mike Feroli, Chief US Economist
21 Sep 2023
Speakers: Thomas Salopek, Global Cross Asset Strategy Michael Feroli, Chief US Economist The big news at the FOMC was the upward revision of the ’24 and ’25 dots, although Powell’s message seemed less hawkish. Our views haven’t changed, i.e. we’ve seen peak funds and policy will be on hold until around 3rd quarter of next year. We discuss how Fed will proceed in the event of a government shutdown, as well the signaling power of the yield curve. This podcast was recorded on Sep. 20, 2023. This communication is provided for information purposes only. Institutional clients can view the related reports at https://www.jpmm.com/research/content/GPS-4513430-0, for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2023 JPMorgan Chase & Co. All rights reserved.
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