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JPMorgan says high interest rates are driving inflation higher

Summary:
But these JPM people are not winning the Art Degree argument though:JUST IN: 🇺🇸 JPMorgan says high interest rates are driving inflation higher - Bloomberg pic.twitter.com/ui89mAh6RG— Radar🚨 (@RadarHits) April 10, 2024 This guy is winning the argument:.@lhsummers, former US Treasury Secretary and Wall Street Week contributor, says he's not surprised inflation rose again in March, but he says an interest rate cut in June by the Federal Reserve would be dangerous https://t.co/VVbO71W83N pic.twitter.com/enjnKsEm5Z— Bloomberg TV (@BloombergTV) April 10, 2024

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But these JPM people are not winning the Art Degree argument though:




This guy is winning the argument:




Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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