Stock Watch: JPM believes when the Fed hikes rates to 1% above core inflation, it pushes the business cycle towards its end, catapulting the economy into a recession. Either inflation will go up in 2018 or that might come close to occurring because the Fed has guidance for raising rates another 75 basis points.

Friday, January 5, 2018

JPM believes when the Fed hikes rates to 1% above core inflation, it pushes the business cycle towards its end, catapulting the economy into a recession. Either inflation will go up in 2018 or that might come close to occurring because the Fed has guidance for raising rates another 75 basis points.

Hawkish Fed Could Force Another Recession in 2019

Submitted January 05, 2018 at 07:41PM by timemoneycom http://ift.tt/2Ec66WC

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