JPMorgan and Pictet Predict ECB May Limit Rate Hike to One 'One-and-Done' Move
JPMorgan Asset Management and Pictet Asset Management are taking a contrarian view ahead of the European Central Bank's meeting, suggesting that weak economic growth may limit rate hikes to just one this year. This contrasts with market expectations for three increases by year-end due to inflation concerns.
Tickers: $JPM
Topics: ECB inflation expectations interest rates market analysis