Fed officials stare down markets, say inflation is top focus
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Wells Fargo Says FOMC Will Not Cut at First Sign of Economic Weakness
September 27, 2022 6:27 AM EDTWells Fargo Says FOMC Will Not Cut at First Sign of Economic Weakness.
Wells Fargo Economist Jay Bryson comments "We now look for the FOMC to hike its target range for the fed funds rate by 75 bps at the November 2 meeting and by 50 bps at the policy meeting on... More
JPMorgan's Kolanovic: 'Stocks are Looking Increasingly Cheap'
September 26, 2022 3:01 PM EDTJP Morgan's equity strategist Marko Kolanovic said in a note to clients on Monday that the Federal Reserve's hawkishness "leaves stocks oversold."
Kolanovic explained that the global inflation trajectory is becoming "even more central for tactical asset allocation." As a result, JPMorgan believes it could keep volatility elevated... More
