JPMorgan Sees Chance of 50 Bps Fed Rate Cut in September
Myles Bradshaw, head of global aggregate strategies at JPMorgan Asset Management, discusses the likelihood of an interest-rate cut by the Federal Reserve in September. \\"There is a chance that we get 50, and it's going to be that roulette wheel of the next payroll report,\\" Bradshaw tells Bloomberg Television \\"If that is showing zero payroll growth, then I think 50 basis points is on the table.\\"