US banking giant JPMorgan warned those with investments in risk assets such as Bitcoin against excessive optimism.
US Federal Reserve (FED), CET time today at 22.00 will announce interest rates. According to analysts, investors are quite optimistic about the FED’s interest rate cut in the future.
Considering the FED’s previous statements Risk like Bitcoin A scenario that may bring downward volatility to its assets is being constructed. These plans are attributed to the FED’s decision in the fight against inflation.
According to JPMorgan analysts, financial markets The FED will continue to ease the economy this year through interest rate cuts. He is very optimistic that he will go. According to fund markets FED’s interest this year 140 basis point decrease Waiting. It is noteworthy that these rates are twice the rates previously estimated in December.
JPMorgan said the Fed still hasn’t seen meaningful declines in inflation. In addition, the FED’s idea of continuing the fight against inflation like bitcoin It may also cause a correction in risk assets.
Fed’s interest rate today 5.25% to 5.5% It is estimated that it will remain constant between and will not initiate economic loosening immediately.
JPMorgan analysts, The US economy continues Considering the strength of the forecast, inflation will decrease rapidly to extreme optimism They seem to warn against it.