<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/jpmorgan-analyzes-interest-rate-predictions/" data-wpel-link="internal">JPMorgan Analyzes Interest Rate Predictions</a><br></p>
<p style="text-align: justify">At the end of 2023, markets expecting a 150bp rate cut were shocked by first-quarter inflation <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">data</a>. Fed’s estimated rate cut was 75bp, but a worse figure was announced. Fed members revised their 3-year rate forecasts upward, indicating no cuts this year. What does JPMorgan think about this?</p> 
<h2 style="text-align: justify" id="jpmorgan-interest-rate-analysis">JPMorgan Interest Rate Analysis</h2> 
<p style="text-align: justify">JPMorgan, the largest bank in the US, is closely watched for its market predictions. Interest rate cuts are crucial for <a href="https://en.coin-turk.com/stunning-report-from-analytical-company-short-positions-trigger-fear-uncertainty-and-doubt-in-crypto-market/" data-wpel-link="internal">cryptocurrency</a> <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a>, and if the Fed starts cutting rates soon, monetary expansion will benefit all risk markets, including crypto.</p> 
<p style="text-align: justify">However, speaking at an event in Washington, JPMorgan Chase &amp; Co. President Daniel Pinto said the Fed might not cut rates this year due to ongoing inflation. Pinto also mentioned that we might see a decline in inflation soon, emphasizing that there might not be a new rate hike.</p> 
<p style="text-align: justify">According to him, the Fed is in no rush, and an early rate cut could have “painful” consequences. The highlighted risk here was a recession. Pinto’s latest statements confirmed the comments of JPMorgan CEO Jamie Dimon. Dimon had stated in a letter to shareholders this month that sticky inflationary pressures could challenge the market more than expected.</p> 
<p style="text-align: justify">This week, New York Fed President John Williams said rate hikes are still on the table, pushing up two-year Treasury yields. Pinto also mentioned the acquisition of the failed First Republic Bank, calling it a positive move for JPMorgan but clarified that they would not acquire more small banks.</p> 
<h2 style="text-align: justify" id="will-rates-decrease">Will Rates Decrease?</h2> 
<p style="text-align: justify">After Friday’s employment and wage growth data, expectations for two rate cuts this year strengthened. Additionally, Non-Farm Payroll data for the past few months were revised downward. Considering the high figures triggered sales in crypto, these revisions have started to become discouraging.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-368450 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/FED-FAIZ.png" alt="" width="830" height="752"></p> 
<p style="text-align: justify">On the other hand, with data revisions favoring risk markets, we saw confirmation of the employment easing the Fed wanted. The Fed might find the courage to ease at this point.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/jpmorgan-analyzes-interest-rate-predictions/" data-wpel-link="internal">JPMorgan Analyzes Interest Rate Predictions</a></h5>

JPMorgan Analyzes Interest Rate Predictions

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