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JPMorgan says Warsh failure to buttress Fed credibility may force a rate hike before year-end

JPMorgan says Warsh failure to buttress Fed credibility may force a rate hike before year-end

JPMorgan’s U.S. economics team says last week’s post-decision press conference by Fed Chair Kevin Warsh was the most troubling since the practice began in 2012 as the U.S. banking giant moved forward their call for a rate increase.

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