Market participants anticipate that the first federal funds rate cut will start Sep this year 🤔
Since the recent CPI(Consumer Price Index) started increasing again, it's likely hard to cut the interest rate early.
However, Jamie Dimon, the CEO of JPMorgan Chase, warned "It could rise to 8%." 😱 Is it possible? 🧐
Compared to 1970s, the U.S. debt to GDP ratio is much higher, 130%. I don't know the U.S. economy can endure the high interest rate for a long time 🙂↔️
This comment is for rewarding my analysis activities. Upvotings will be proceeded by @h4lab and @upex
Congratulations, your post has been upvoted by @upex with a 100.00% upvote. We invite you to continue producing quality content and join our Discord community here. Keep up the good work! #upex