JPMorgan CEO Jamie Dimon on Fed Rate Cuts: Bigger Economic Problems Ahead

September 20, 2024 Bitcoin.com

bitcoin.com

JPMorgan Chase CEO Jamie Dimon has downplayed the significance of Federal Reserve rate cuts, emphasizing that broader economic forces are at play. He cautioned against focusing too much on the type of economic landing. “Honestly, most of us have been through all that stuff, it doesn’t matter as much,” said the JPMorgan executive. Jamie Dimon: […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Bitcoin price hits $62.6K as Fed ‘crisis’ move sparks US stocks warning

September 19, 2024 Coin Telegraph

Bitcoin

Bitcoin price action may have to diverge from stocks if history repeats itself after a bumper Fed rate cut, analysis warns.

Bitcoin sought to flip $62,000 to support on Sept. 19 as markets digested a rare 0.5% interest rate cut by the United States Federal Reserve.

BTC/USD 4-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView followed continued Bitcoin (BTC) price strength during the Asia trading session.

Zimbabwe Devalues Gold-Backed Currency by 44%

Former St. Louis Fed President Says Soft Landing Has Been Achieved, Predicts Multiple Rate Cuts This Year

September 4, 2024 The Daily Hodl

Daily Hodl

Former Federal Reserve Bank of St. Louis President James Bullard says the Fed is likely to turn dovish over the coming weeks and months. In a CNBC interview, Bullard says the tightening of monetary policy in the US over the past 24 months has yielded success without negatively impacting the economy after the Fed’s preferred […]

The post Former St. Louis Fed President Says Soft Landing Has Been Achieved, Predicts Multiple Rate Cuts This Year appeared first on The Daily Hodl.

Zimbabwe Devalues Gold-Backed Currency by 44%

Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates

September 1, 2024 Bitcoin.com

Arthur Hayes

Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank could expand the money supply and drive inflation. Hayes argues that while inflation may negatively impact some businesses, it would benefit […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Crypto Markets and Equities Jump As U.S. Fed Chair Jerome Powell Alludes to Upcoming Rate Cuts

August 24, 2024 The Daily Hodl

Bitcoin

The crypto and stock markets surged Friday after Federal Reserve Chair Jerome Powell alluded to upcoming rate cuts in a speech at an economic symposium. While speaking in Jackson Hole, Wyoming, Powell said the economy was growing at a “solid pace” but noted that inflation and labor market data indicated an “evolving situation.” “The upside […]

The post Crypto Markets and Equities Jump As U.S. Fed Chair Jerome Powell Alludes to Upcoming Rate Cuts appeared first on The Daily Hodl.

Zimbabwe Devalues Gold-Backed Currency by 44%

Bitcoin Blasts to $64,853—Powell’s Rate Cut Hints Lift Entire Crypto Market

August 23, 2024 Bitcoin.com

Bitcoin

Bitcoin reached an impressive peak of $64,853 per unit on Friday, spurred by U.S. Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, where he hinted at the possibility of rate cuts in September. The cryptocurrency showed a 5.3% increase in the past day, contributing to a 5.01% rise in the overall crypto market, which […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts

August 23, 2024 Bitcoin.com

bitcoin.com

Federal Reserve Chair Jerome Powell expressed confidence in the central bank’s progress in reducing inflation, suggesting that rate cuts may be on the horizon. Speaking at the Jackson Hole economic symposium, Powell emphasized the Fed’s commitment to achieving its 2% inflation target while maintaining a strong labor market. Rate Cuts Possible as Powell Expresses Confidence […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Peter Schiff Urges the Fed to Raise Rates and Let Markets Crash

August 17, 2024 Bitcoin.com

bitcoin.com

Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them, even if it leads to a market crash. He acknowledged that this approach would likely cause stocks and real estate to crash, result in a hard landing, and trigger a recession, emphasizing the potential severity of […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Crypto Markets Need Looser Fed Policy Before Moving Higher, According to Analyst Benjamin Cowen

August 12, 2024 The Daily Hodl

Benjamin Cowen

A widely followed crypto analyst says that digital assets need looser monetary policy before moving another leg up. In a new video update, crypto strategist Benjamin Cowen tells his 806,000 YouTube subscribers the Federal Reserve needs to reverse course on its tight monetary policy before the crypto markets can take off. According to Cowen, Bitcoin […]

The post Crypto Markets Need Looser Fed Policy Before Moving Higher, According to Analyst Benjamin Cowen appeared first on The Daily Hodl.

Zimbabwe Devalues Gold-Backed Currency by 44%

Goldman Sachs CEO: Fed Unlikely to Cut Rates Before September

August 8, 2024 Bitcoin.com

bitcoin.com

Goldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency rate cuts until at least September despite weak job data, believing the U.S. economy will avoid a recession. Speaking on “The David Rubenstein Show,” Solomon indicated that while investors had anticipated potential rate cuts before the September meeting due to global market […]

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