JPMorgan Sees 100 Bps of Cuts in Fed’s Easing Cycle

JPMorgan Global Research President Joyce Chang discusses what the Federal Reserve will expect from the interest rate decision. “I think you’ll get 25 basis points,” Bloomberg Television says, and adding that the Central Bank will really take a look at the employment mission “following August business data. Chang said, “We still think you will get 25 basis points deduction at subsequent meetings, but look at approximately 100 basis points in total.” Says.