Dollar Rally Over for JPMorgan Asset Management on Fed Pace
The dollar rally has peaked and U.S. yields are headed lower as the Federal Reserve limits itself to one interest rate increase per year, according to one of the worlds largest money managers.
The Fed will only tighten to a terminal rate of about 1 percent tops, with the next hike coming in December, Nicholas Gartside, the London-based chief investment officer for fixed- income at JPMorgan Asset Management said in an interview in Tokyo l ...
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