JP Morgan AM says dovish Fed would support US cycle extension

Europe
On the 07.08.19 at 6:51PM

by

Tuba Raqshan

The likeliness of a recession is low in the near future, if the US Federal Reserve’s rate cut expected rolls out, said Vincent Juvyns, strategist, JP Morgan Asset Management.
Vincent Juvyns, strategist, J.P. Morgan Asset Management

Commenting on the current market scenario, Juvyns pointed out that global growth is lower than usual due to the slowdown in global manufacturing activity.

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