JPMorgan Chase: The June FOMC Meeting Was a "Non-Event"

BlockBeats News, June 7th, JPMorgan's Chief Economist Mike Feroli stated: For the Fed, May's employment report was almost "tailor-made," perfectly reinforcing their current stance — to stay put, patiently awaiting developments in employment and inflation to determine the future policy direction.

This has turned the June Federal Open Market Committee (FOMC) meeting into a "non-event."