CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
The Daily Hodl 2024-08-03 02:07:08

JPMorgan Chase Abruptly Raises Forecast for Imminent Fed Rate Cuts As Recession Fears Accelerate: Report

JPMorgan Chase is reportedly changing its forecast for incoming rate cuts from the Federal Reserve as fears that the US is heading toward a recession grip global markets. A series of weaker-than-expected reports on the US economy, including a bleak jobs report, triggered a stock market retreat on Friday. Amid growing fears that the US The post JPMorgan Chase Abruptly Raises Forecast for Imminent Fed Rate Cuts As Recession Fears Accelerate: Report appeared first on The Daily Hodl .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.