Bloomberg Television
@markets·3.2M subscribers·95.6K videos
Fed Rate Cut 'Nothing to Quibble About': JPMorgan's Michele
Posted
September 18, 2024
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2,192
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September 18, 2024
2,192
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2:23Now PlayingBob Michele, JPMorgan Asset Management's global head of fixed income, says the Federal Reserve rate cut and forecast were "a little less dovish than we thought" on Bloomberg Television. The Federal Open Market Committee voted 11 to 1 to lower the federal funds rate to a range of 4.75% to 5%.
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