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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed should not cut rates this month, says JPMorgan's Bill EigenBill Eigen, JPMorgan Asset Management CIO of Absolute Return Fixed Income Group, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, what to expect from the November jobs report, and more.
Persons: Bill Eigen Bill Eigen Organizations: JPMorgan, Management
AdvertisementThe Fed doesn't need to cut rates, according to JPMorgan Asset Management's Bill Eigen. The Federal Reserve may not have as much room to cut interest rates as it thinks, and central bankers would be better off skipping another decrease in December, according to one JPMorgan bond expert. Bill Eigen, the head of the Absolute Return and Opportunistic Fixed Income team at JPMorgan Asset Management, cautioned markets ahead of the Fed's next meeting, adding that he believed the central banks should pause cutting interest rates. The interest rate outlook remains mixed on Wall Street, with some forecasters expressing hesitation at the possibility of taking interest rates much lower. Deutsche Bank suggested the Fed may not be able to cut interest rates at all in 2025, thanks to higher inflation risks stemming from some of Trump's proposed policies.
Persons: Bill Eigen, We've, Eigen, Trump's, Goldman Sachs Organizations: Asset, Federal, JPMorgan Asset Management, CNBC, Deutsche Bank
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe 'cash is trash' mantra just makes me laugh, JPMorgan's Bill EigenBill Eigen, JPMorgan Asset Management head of the absolute return and opportunistic fixed income team, joins 'Squawk Box' to discuss the state of the economy, why interest rate hike may actually be boosting the economy, the Fed's interest rate outlook, and more.
Persons: Bill Eigen Bill Eigen Organizations: JPMorgan Asset Management
As if this year didn't bring us enough bad news in the market, there's a steady chance 2023 brings more of the same. But Saint Nick's absence isn't the elephant in the room for markets — it's the Fed. Billionaire hedge fund manager David Tepper said he's "leaning short" on the stock market as the calendar changes. In a bid to squash decades-high inflation, this year the Fed has embarked on a historic interest rate-hiking campaign. "What the forwards in the Fed Funds futures are telling us is that it's increasing the probability that there's going to be a recession at some point," Caron said in a Bloomberg interview.
Un suspect a fost ucis și alți șase arestați, după schimburi de focuri cu poliția olandeză. "Este un miracol că nu au existat și alți răniți", a declarat Rob van der Veen. Cei dinăuntru ies și o iau la fugă, alături de altă bărbat care era pe jos, scrie publicația nltimes.nl. pic.twitter.com/MY4WqEnoaS — Aart - NH Radio (@aartvaneldik) May 19, 2021Potrivit presei locale, mașina de transport valori avea înăuntru aur sau diamante în valoare de 50 de milioane de euro. Un bărbat a fost împușcat și a murit pe loc, iar alți doi atacatori au fost răniți.
Persons: Suspecții, van, Rob, suspecții, Daders Organizations: Deutsche Welle, Audi, Porsche, olandeză, Poliția Locations: Olanda, Amsterdam, Meeuwenlaan, Amsterdam - Noord
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