Fed Safest to Do Nothing Here, Says JPMorgan’s David Kelly

Bloomberg Markets

Fed Safest to Do Nothing Here, Says JPMorgan’s David Kelly

David Kelly, chief global strategist at JPMorgan Asset Management, says there’s a good chance that May “will actually turn out to be the high-water mark for inflation in this cycle” as he examines what the CPI report means for Federal Reserve policy at the June meeting. (Source: Bloomberg)

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