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JPM and Morgan Stanley FOMC Reaction
JPM’s Weekly View by Marko K.
Robust earnings, low investor positioning and well anchored longterm inflation expectations should mitigate any downside in risk assets from here
Last week’s releases support our view that global inflation is on track to slide this quarter, but the risks are shifting from headline to core.
Morgan Stanley’s post FOMC Reaction
Core inflation continues to remain above target in 2023 even as the dot plot is showing cuts.
The projections signal that the committee still believes that it can engineer a sizable increase in the unemployment rate without a recession
