Rate cuts don't stimulate growth, U.S. economy is ‘slowing slowly' – JPMorgan

3 days ago 1
Concept Recession Fears on sticky notes on a wooden table with dollar bills

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JPMorgan Asset Management chief global strategist David Kelly warned that the Federal Reserve's interest rate cuts will not stimulate growth for the U.S.'s economy, which is slowing down.

In an interview with CNBC, Kelly noted that recent economic data, including weaker job

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