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2026-09-17 02:05:14
Michelle, head of global fixed income at JPMorgan Chase, said that the Federal Reserve's FOMC members may have been somewhat surprised by the speed of interest rate adjustments. During the Fed's monetary policy adjustment cycle, the pace of interest rate changes often has a ripple effect on global bond markets, cross-border capital flows, and other areas. The judgments of such professionals can provide market participants with a reference point for assessing subsequent policy directions.
