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TechFlow, May 13 — According to Jinshi Data, JPMorgan Chase stated that the risk of a U.S. economic recession has now dropped below 50%. The Fed is now expected to cut rates in December, compared to the previous expectation of September.
According to Jinshi Data, JPMorgan: The risk of a U.S. economic recession has now dropped below 50%. A rate cut by the Fed is expected in December, previously anticipated in September.
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