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JPMorgan: The Federal Reserve's optimistic expectations regarding Middle East risks may be a misjudgment

Mar 19, 2026 02:36:14

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According to Jin Shi reports, JPMorgan analyst Bob Michele expressed his shock at the Federal Reserve's decision, believing that the decision overlooks the risks in the Middle East, and that the expectations of economic acceleration and stable employment may be a misjudgment. Michele pointed out that this will have a substantial impact on inflation as well as the economy and labor market.

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