JPMorgan Asset Management: Predicts the Federal Reserve will keep interest rates unchanged at least through the first half of this year

Glonghui, January 29｜JPMorgan Asset Management predicts that the Federal Reserve will continue to keep interest rates unchanged at least until the first half of 2026. The bank expects that, as fiscal stimulus supports spending and tariff costs are passed on, inflation will accelerate again and peak around mid-2026. At the same time, recruitment activities will also receive a temporary boost. Coupled with sluggish labor supply growth, this should be able to contain the unemployment rate.