According to BlockBeats, JPMorgan forecasts a 25 basis point rate cut by the Federal Reserve in September, despite uncertainties surrounding inflation data. The August Consumer Price Index (CPI) is expected to increase by 2.9% year-on-year, with the core CPI maintaining a stable growth rate of 3.1%. If inflation data exceeds expectations, the rate cut may be postponed to October or December.
JPMorgan maintains a tactical bullish stance but emphasizes that inflation, employment, and trade risks remain potential concerns.
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