JPMorgan's Jamie Dimon downplays Fed rate cuts: 'It's a minor …
WEB3 days ago · The coming rate cuts, however, will have an effect on the bank. Last week, JPMorgan COO Daniel Pinto alarmed investors when he said that the consensus view among analysts that the bank would earn ...
JPMorgan Chase CEO Jamie Dimon on the Fed interest rate cut
WEB1 day ago · JPMorgan Chase (JPM) chief Jamie Dimon thinks the Federal Reserve’s first interest rate cut in over four years was “a minor kind of thing.”. “It’s a lot of chatter, more talk and hot ...
JPMorgan Aced Fed’s Big Cut. It’s Less Sure on What Comes Next
WEB2 days ago · September 19, 2024 at 5:20 AM EDT. Save. JPMorgan Chase & Co., the one Wall Street titan whose economists correctly called the Federal Reserve’s half-point interest-rate cut on Wednesday, says ...
The Fed just announced a jumbo-sized interest rate cut
WEB2 days ago · The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The half-point move paves the way for lower borrowing costs on everything from ...
Fed Announces Big Rate Cut - The New York Times
WEB3 days ago · The Federal Reserve cut interest rates on Wednesday by half a percentage point. Here are some takeaways from the decision and from remarks by the Fed chair, Jerome H. Powell. The Fed’s decision ...
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEB3 days ago · By Karl Russell. Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in June, when they ...
July 2024 Fed meeting: Rates remain steady for another month
WEBAug 1, 2024 · The Federal Reserve held rates steady in July, but left the door open to a possible rate cut in September. Key takeaways. After a historic run of higher interest rates, the Federal Reserve signaled in its July meeting that it is leaving the door open to start cutting rates in September.
Is the Fed confident it can cut rates this year? - J.P. Morgan
WEBJun 12, 2024 · Median policy rate projections (dot plot) shifted to signaling just one rate cut this year, down from three rate cuts at its March meeting. Long run Fed funds rate projection was also raised to 2.8% from 2.6%.
June 2024 Fed meeting: Fed maintains current policy rate and …
WEBJun 13, 2024 · The Federal Reserve announced at its June 2024 Federal Open Market Committee (FOMC) meeting that it would maintain the overnight federal funds rate at the current range of 5.25% to 5.5%. This decision marks the seventh consecutive meeting at which policymakers have opted to hold rates steady …
Will the Federal Reserve (Fed) cut rates at its next meeting?
WEBAug 1, 2024 · The Federal Open Market Committee (FOMC) voted to leave the Federal funds rate unchanged at a target range of 5.25%-5.50%, but hinted rate cuts are on the horizon.