JP Morgan says they continue to expect Fed interest rate hike lift-off in 2023, taper in early 2022

Author: Eamonn Sheridan | Category: Central Banks

Snippet from JPM FOMC response

  • It appears that faster progress toward reopening and higher inflation surprises revealed some hawks on the FOMC
  • but we suspect that leadership is predominantly anchored at zero or one hike in 2023
  •  We continue to look for lift-off in 2023, with tapering starting early next year
JPM comments via Reuters 

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