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JPMorgan Sees May as CPI ‘High-Water Mark’ With Fed Set to Hold | Collector
JPMorgan Sees May as CPI ‘High-Water Mark’ With Fed Set to Hold
Bloomberg Markets

JPMorgan Sees May as CPI ‘High-Water Mark’ With Fed Set to Hold

JPMorgan Asset Management’s David Kelly predicted the Federal Reserve will decide that the latest inflation data aren’t worrisome enough to prompt policymakers to do anything other than stand pat on interest rates next week.

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