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Mmastodon BusinessMarkets first seen 16 h ago, last 14 h ago, peak #7

J.P. Morgan Forecasts Fed Rate Hikes on Inflation Fears

Original: 🟠 UPDATE J.P. Morgan Forecasts Fed Rate Hikes Due to Shock-Driven Inflation Bond yields extended their upward trend, cre

J.P. Morgan is forecasting additional Federal Reserve rate hikes, citing inflation driven by economic shocks. Bond yields extended their upward trend, and rising oil prices are compounding pressure on Asian equities. Investors are also positioning for an expected interest rate hike in Australia, with markets bracing for a prolonged period of tighter monetary policy across major economies.

Why now: Rising bond yields and oil prices are renewing worries about further central bank tightening and its impact on equities.

J.P. MorganFederal ReserveReserve Bank of AustraliaAsian equities

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