#mohamedel-erian

Bob Michele, JPMorgan Asset Management's global head of fixed income, and Mohamed El-Erian, a Bloomberg Opinion columnist, react to the Federal Reserve's policy-setting Federal Open Market Committee's decision to leave the target range for the benchmark fe

Federal Reserve officials maintained their outlook for three quarter-point rate cuts this year but forecast fewer cuts than before in 2025 following a recent uptick in inflation. Officials decided unanimously to leave the benchmark federal funds rate in a