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Markets ‘Too Optimistic’ About Fed Rate Cuts: JPMorgan Asset Management
“The market may be too optimistic as we see limited evidence of disinflation in certain areas that are a focus for the Fed,” strategists said, explaining a potential for a decline in risk assets. “The market may be too optimistic as we see limited evidence of disinflation in certain areas that are a focus for the Fed,” strategists said, explaining a potential for a decline in risk assets.