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Stock impact report

Fed Is Set for Contentious Debate as Investors Eye Fall Rate Cut [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
debate at this week's policy meeting may bolster expectations for rate cuts in the fall. Most Read from Bloomberg The High Costs of Trump's ‘Big Beautiful' New Car Loan Deduction Can This Bridge Ease the Troubled US-Canadian Relationship? Trump Administration Sues NYC Over Sanctuary City Policy Fed Chair Jerome Powell is under intense pressure from President Donald Trump and his allies to reduce borrowing costs, and may face multiple dissents this week from officials who want to provide support to a slowing labor market. But the US central bank is widely expected to leave its benchmark rate unchanged at the conclusion of its two-day meeting on July 30 as policymakers await more data revealing the impact of tariffs on consumer prices. “Even as we don't see any change in the policy rate, I think we see hints that we are at a turning point in the policy path,” said Sarah House, senior economist at Wells Fargo. “But of course, most of the committee doesn't seem there yet — I Show less Read more
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