scorecardresearchJPMorgan Strategists See Fed’s Last Big Rate Hike in September

JPMorgan Strategists See Fed’s Last Big Rate Hike in September

Updated: 22 Aug 2022, 03:11 PM IST
TL;DR.
The Federal Reserve is likely to deliver the last of its big rate hikes in September, setting up stocks to continue rallying in the second half, according to JPMorgan Chase & Co. strategists.
The US Federal Reserve is seen in Washington, DC on August 18, 2022. US central bankers remain committed to raising interest rates further to quell rising prices, but agreed it would be appropriate to slow the pace of the hikes at some point, the Federal Reserve said August 17. (Photo by MANDEL NGAN / AFP)

The US Federal Reserve is seen in Washington, DC on August 18, 2022. US central bankers remain committed to raising interest rates further to quell rising prices, but agreed it would be appropriate to slow the pace of the hikes at some point, the Federal Reserve said August 17. (Photo by MANDEL NGAN / AFP)