JPMorgan Forecasts Potential 50bps Rate Cut in November Following Recent Fed Move

Share This Post

JPMorgan Forecasts 50bps Rate Cut in November Following Recent Fed MoveJPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes further reductions are likely if the job market weakens. While some other Wall Street firms have adjusted their outlooks, JPMorgan remains confident in its forecast, […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Best Wallet Raises $5M in New Crypto Presale, Expert Predicts 10x Potential

The Best Wallet ($BEST) token presale continues to attract significant interest from investors as it crosses the $5 million mark It’s been just a few weeks since the capital raise started and

UAE Holding $40 Billion Worth Bitcoin? Truth or Rumor?

The post UAE Holding $40 Billion Worth Bitcoin Truth or Rumor appeared first on Coinpedia Fintech News Recent chatter in the crypto world has revolved around a bold claim that the United Arab

UAE Holding $40 Billion Worth Bitcoin? Truth or Rumor?

The post UAE Holding $40 Billion Worth Bitcoin Truth or Rumor appeared first on Coinpedia Fintech News Recent chatter in the crypto world has revolved around a bold claim that the United Arab

Crypto Whirlwind: Trump’s Policies Collide With Fed Stance as Bitcoin Falls to $95K

On Sunday, Dec 22, 2024, bitcoin’s price dropped under the $96,000 mark, hitting a low of $95,135 per unit This dip comes after bitcoin soared past the $100,000 milestone earlier this month,

US Senator Proposes Giving Federal Reserve Faculties to Own Bitcoin

US Senator Cynthia Lummis recently reinforced the intention of extending faculties to the Federal Reserve to purchase and own bitcoin as part of its reserve assets Lummis stated that the US debt can

$73 Million Exodus: BlackRock Bitcoin ETF Suffers Record-Breaking Outflow

A major player in the cryptocurrency market found itself on an unusual side of history after experiencing its largest outflows in months Related Reading: Fed Can’t Hold Bitcoin, No Plans Yet To