‘Dust off your rate-cutting playbook,’ JPMorgan tells clients, the evidence for a Fed cut just keeps piling up

fortune.com/2025/09/12/rate-cut-playbook-jpmorgan-powell-interest-expected

Jobless claims hit their highest level since 2021 last week, adding to recent labor market revisions that have fueled confidence the Fed will cut rates in September. Despite hotter CPI data, markets rallied on expectations of easing, with JPMorgan’s Elyse Ausenbaugh and UBS’s Mark…

This story appeared on fortune.com, 2025-09-12 10:48:29.
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