CandleFocus JPMorgan Chief Economist Reveals His Forecast on How Much Fed Will Cut in September!
2024-09-06
Author: Content Editor
The current expectation is that the FED will cut interest rates to stimulate Bitcoin and altcoins, with a rate cut in September being highly likely. JP Morgan economist, Michael Feroli, stated that he believes the FED will cut rates by 50 basis points in September, with the central bank's policy rate ideally being around 4%. Investors are currently pricing in a 25 basis point cut at 57% and a 50 basis point cut at 43% according to the CME FedWatch Tool.
Related News
Ethereum Price Crash Likely After $45M ETH Selloff, Weak US Jobs Report Bybit gains formal consent for full authorization in Kazakhstan LUNC News: Terra Luna Classic Core Dev Reveals Major Update on Tax2Gas 10 Years of XRP Ledger: Ripple President Highlights Milestones, Future Buzz Lista DAO Adds Lido’s wstETH as Collateral for lisUSD Loans Arbitrum Goes Big With Web3 Gaming Showcase at WebX Asia Prosecutors Tell NY Court They Didn’t Renege on FTX Exec Ryan Salame’s Plea Deal Coinbase, Robinhood Upgraded by Barclays Analyst, Citing 'Matured' Business Models Dogecoin (DOGE) Creator Reveals Stupidest Thing He Ever Did BREAKING: Coinbase Adds a Surprise New Altcoin to Its Listing Roadmap 187 Million XRP in 24 Hours - What's Happening? 3AC Founder Su Zhu Issues Crucial Solana (SOL) Prediction More Pain for XRP Likely as Sellers Target $0.5: Ripple Price Analysis Bitcoin Whale Activity Raises Concerns Amidst Sudden Sell-off Crypto Market to See $111 Million in Token Unlocks Next Week Crypto’s smoking ‘solution’ will likely create more vape addicts Major Exchange Bitstamp Picks Cardano (ADA) as Hottest Trend Right Now Stablecoin supply reaches $162 billion amid rising institutional demand and liquidity hunt Senior FED Member Speaks After Critical US Employment Data! Will Interest Rate Cuts Come? Nevada Welcomes Bitcoin and Crypto: Day Two of the America Loves Crypto Tour Binance Coin (BNB) Prediction for September 6 $150M in Liquidations as Bitcoin (BTC) Price Falls $2.5K in Minutes VanEck to close Ethereum futures ETF by late September Toncoin (TON) Prediction for September 6 As Dogecoin Network Activity Plummets, Will $0.094 Support Hold? Beyond Binance: Zhao’s pivot to education amid DOJ plea deal Toncoin Price Prediction As Telegram CEO Pavel Durov Criticizes France Arrest Crypto Market Lacks Major Near-Term Catalysts, JPMorgan Says VeChain News: Green Commuter App Rewards with VET – Earn Crypto for Sustainable Fitness BREAKING: US Nonfarm Payrolls Data Released! What Was Bitcoin's (BTC) First Reaction? Bitcoin, Ethereum, XRP Weekly Wrap – September 6, 2024 Tron (TRX) Is One of the ‘Strongest Altcoins Overall,’ Says Crypto Analyst – But There’s a Catch 3 Bullish Signs Point to an XRP Price Breakout Ripple Transfers 100 Million XRP Tokens - What's Going On? Sonic SVM, Gaming Project on Solana Blockchain, Plans $12.8M Node Sale Bernstein Analysts Argue That AI-Driven Cryptocurrencies Are Necessary for Micropayments! Japan’s three largest banks to use stablecoins for cross-border settlements Bitcoin Whales Are Buying While Everyone Is Panicking $8 Billion Shiba Inu (SHIB) Threshold Breached: What's Next? Bitcoin Price Analysis: Can Bitcoin Break the $60,000 Barrier Soon? Is Ethereum Losing Its Edge? ETH Beta Altcoins Show Unexpected Rise Bitcoin Weekly Forecast: $50,000 on the horizon if it breaks below key support level JUST IN! Binance Announces It Will List Another Altcoin! Second Listing in the Same Day! Buy signal for 2 oversold cryptocurrencies this weekend Crypto Market to Stay Highly Correlated to Stocks Amid Macro Events and Dwindling Network Activities, Citi Says FTX News: $6.3 Million USDT Transfer Sparks Controversy Amid SEC’s Latest Stance! Binance Research: Key Trends in Crypto – September 2024 Centralizing SaaS wallets: Killing autonomy for the sake of convenience? | Opinion Crypto startup valuations face tough market conditions, VC expert warns Gravity Alpha Mainnet Sees Major TVL Increase Why Helium Price Is Skyrocketing As Mobile’s Subscriber Count Soars to 112K XRP’s Dominance Suggests an Upcoming Rally – Analyst AI’s Impact on DePINs: Report Predicts $128B Market by 2028 'September Effect': Ripple prepares larger dump of up to 350 million XRP Ripple CEO Meets High-Ranking Japanese Official to Discuss Crypto Adoption in Japan Human Rights Foundation launches Bitcoin campaign to support Venezuelan opposition Bitcoin (BTC) Suddenly Turns Green. This Is Key Reason Why MetaMafia Partners with Orbler to Boost NFT Experience Shiba Inu (SHIB) Whales Disappear Aptos Welcomes Brevan Howard, BlackRock, and Hamilton Tokenized Funds by Libre Bitcoin's Potential Rally Amid U.S. Dollar Weakness Filings in Ryan Salame case discuss narcotics trafficking, prostitutes, bribery SEC Is Coming After OpenSea—These Are the NFTs That Could Be in Trouble XRP or Cardano: Which Will Reclaim $1 First? ChatGPT Predicts Timeline RUNE Token in the Red Despite THORChain's Successful Hard Fork 1.82 Billion XRP: Here's What's Happening as Crypto Market Faces Fresh Volatility? Crypto has become boring in 2024 while AI creates peak apathy for new tech Bitcoin Price Analysis: Is $50K Imminent After Another 3% Daily Crash for BTC? Big Announcement from Binance: Those Who Hold These Two Altcoins Will Receive Airdrops! Telegram Game ‘Rocky Rabbit’ Opens Pre-Market Trading Ahead of Airdrop Strong Buy Signal for Solana (SOL), Here’s What Expert Says South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders Fractal Bitcoin Set to Launch Sidechain With Unique Merged-Mining Mechanism ? Bitcoin Pumps, Then Dumps Below $55K as Jobs Report Spurs Crypto Volatility XRP Lost Crucial Support Level DWF Labs Completes Development of Synthetic Stablecoin Backed by Bitcoin and Ethereum Cardano and Hedera Join Decentralized Recovery Alliance Alongside Ripple and Algorand to Shape the Future of Crypto Security Standards VeChain Struggles at $0.20: Can Network Growth Propel a Recovery to $0.24? Memecoin Market Cools: Dogecoin, Shiba Inu, Pepe See Mixed Results Analysis Platform Highlights Cardano’s Growth Post-Hard Fork: 3.5M Active Wallets and $150M TVL Bitcoin's 200-Day Average About to Lose Bullish Momentum; NFP Eyed Ethereum Price Risks Freefall to $1,600 Dogecoin Foundation Shares Crucial Update on Trailmap Progress JPMorgan Chief Economist Reveals His Forecast on How Much Fed Will Cut in September! Ripple Co-Founder Backs Kamala Harris for Presidency, Not Donald Trump Fundamental BONE Statement Issued by SHIB Team Crypto Price Analysis September-06: ETH, XRP, ADA, BNB, and SOL Chainlink’s Bearish Trends Intensify: 2 Key Indicators Signal Further Declines Bitcoin Exchange OKX Announces It Has Delisted Numerous Altcoin Trading Pairs! Bitcoin in Big Trouble Unless It Reclaims These Levels Soon Telegram Sparks Outrage Over FAQ Changes Even as Key Language on Private Chats Remain Bitcoin’s Massive Surge From $55k to $100K Unlikely Without Clear Catalysts Like ETFs BitBoy Insists ISO 20022 Was Designed for XRP Seoul Women’s University taps Theta EdgeCloud to power AI research with DePIN Toncoin Leads Crypto Market Rebound After Pavel Durov Breaks Silence Bitcoin Heading For Bigger Drop? These Key Patterns Could Decide Its Next Move! 14 Million Shiba Inu Torched as Burn Rate Jumps 404% Daily Market Review: BTC, ETH, TON, HNT, NOT Expert Sees Bitcoin Surge Ahead as U.S. Economy Falters Bitcoin’s Correlation Keeps Shiba Inu Afloat Amid Volatile Market Cardano Bull Sees ADA Jumping 1,000% In An ‘Insane’ Rally Bitcoin Price in Danger, Will It Crash to $49K? Wintermute Increases BTC Deposits to Major Exchanges