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Direct Connect, ah, learned through the app that David Kelly, chief global strategist at J.P. Morgan Asset Management, said that there is currently no need for the Federal Reserve to raise interest rates further and should continue to keep interest rates unchanged. As there are more and more signs that it is difficult for the US to form a sustainable “wage-price spiral,” inflation is expected to gradually fall, and excessive tightening of monetary policy may have an unnecessary impact on the economy and financial markets.

Zhitongcaijing·08/12/2026 15:25:15
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Direct Connect, ah, learned through the app that David Kelly, chief global strategist at J.P. Morgan Asset Management, said that there is currently no need for the Federal Reserve to raise interest rates further and should continue to keep interest rates unchanged. As there are more and more signs that it is difficult for the US to form a sustainable “wage-price spiral,” inflation is expected to gradually fall, and excessive tightening of monetary policy may have an unnecessary impact on the economy and financial markets.