{"id":89266,"date":"2024-09-06T01:58:51","date_gmt":"2024-09-06T05:58:51","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89266"},"modified":"2024-09-06T01:41:19","modified_gmt":"2024-09-06T05:41:19","slug":"jpmorgan-top-economist-says-the-fed-should-cut-rates-by-a-half-point-this-month","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2024\/jpmorgan-top-economist-says-the-fed-should-cut-rates-by-a-half-point-this-month.html","title":{"rendered":"JPMorgan top economist says the Fed should cut rates by a half point this month"},"content":{"rendered":"\n<p>(CNBC) The Federal Reserve should cut interest rates by 50 basis points at its September meeting, according to JPMorgan\u2019s Michael Feroli. \u201cWe think there\u2019s a good case that they should get back to neutral as soon as possible,\u201d the firm\u2019s chief U.S. economist on Thursday, adding that the high point of the central bank\u2019s neutral policy setting is around 4%, or 150 basis points below where it is currently. \u201cWe think there\u2019s a good case for hurrying up in their pace of rate cuts.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/09\/05\/jpmorgan-top-economist-says-the-fed-should-cut-rates-by-a-half-point-this-month.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The Federal Reserve should cut interest rates by 50 basis points at its September meeting, according to JPMorgan\u2019s Michael Feroli. \u201cWe think there\u2019s a good case that they should get back to neutral as soon as possible,\u201d the firm\u2019s [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89266","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89266"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89266\/revisions"}],"predecessor-version":[{"id":89267,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89266\/revisions\/89267"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}