JPMorgan Strategist Rasid: Inflation Data and Rising Yields Point to Fed Rate Hike
JPMorgan Global Market Strategist Raisah Rasid stated that incoming economic data and rising Treasury yields indicate the Federal Reserve will hike rates. She advised investors to focus on the 12- to 18-month rate trajectory and the central bank's long-term inflation outlook.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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