Fed Expected to Keep Raising Rates Until Inflation Cools

Kelsey Berro, Fixed Income Portfolio Manager at JPMorgan Asset Management, discussed the Federal Reserve's challenging position amid recent disinflationary signals. Despite expectations for a modest 0.2% month-over-month increase in core CPI and relatively moderate inflation rates over several time horizons, the Fed remains cautious due to core PCE inflation running above 3%. Berro emphasized that a single data point will not dictate the Fed's next move, especially with key economic reports s...

Is inflation really slowing? Fed rate hike hinges on July price report.

A surprising decline in U.S. jobs last month isn’t enough to discourage the Federal Reserve from raising interest rates soon, but a tame inflation report for the second straight month could do the trick.

By Jeffry Bartash