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Economy

JPMorgan's Herr Says Fed Should 'Just Hike and Move on With It'

August 18, 2026

Source Summary

Kay Herr, US GFICC Chief Investment Officer at JPMorgan Asset Management, stated that the Federal Reserve's actions matter less than the market's reaction to the lack of forward guidance. She noted that the market does not favor the absence of forward guidance, speaking on Bloomberg Surveillance.

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