Core Insights - The weaker dollar has not led to the expected rally in bitcoin, which has instead lost 13% over the past year despite the Dollar Index (DXY) dropping 10% [1][2] - The current dollar decline is attributed to short-term flows and sentiment rather than changes in growth or monetary policy expectations, with interest rate differentials still favoring the dollar [2][3] - Bitcoin's behavior indicates it is trading more like a liquidity-sensitive risk asset rather than a traditional store of value, with gold and other hard assets benefiting more from dollar weakness [4][5] Group 1 - The Dollar Index (DXY) has decreased by 10% in the past year, while bitcoin has lost 13% during the same period [1] - J.P. Morgan Private Bank suggests that the dollar's decline is driven by sentiment and flows, not by fundamental economic changes [2] - Interest rate differentials have actually moved in favor of the USD since the beginning of the year, indicating that the current dollar selloff is not based on economic fundamentals [3] Group 2 - Bitcoin has not acted as a classic hedge against dollar weakness, remaining range-bound while gold and other assets have rallied [4] - The lack of a clear shift in monetary policy expectations means that dollar weakness alone is insufficient to attract new capital into the crypto markets [5] - Until growth or rate dynamics become the primary drivers of currency markets, bitcoin may continue to lag behind traditional macro hedges [6]

So really the the the point of of uh independence is not to protect policy makers or anything like that. It just is that every advanced economy democracy in the world has come around to this common practice. It's just an institutional arrangement that is that has served the people well and that is to to have a separation between uh to not have direct elected official control over the setting of monetary policy.And the reason is that monetary policy can be used, you know, through an election cycle to to affe ...

Core Viewpoint - JPMorgan Chase & Co. is a leading global financial services firm with a positive outlook reflected in the increasing consensus price target among analysts [2][5] Group 1: Company Overview - JPMorgan operates across four main segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management [1] - The company competes with other large banks, such as PNC Financial, and offers a variety of financial products including investment banking and consumer banking solutions [1] Group 2: Analyst Sentiment - The average consensus price target for JPMorgan increased from $306.65 to $324.25 over the past year, indicating growing confidence among analysts [2] - There was a slight decrease from the last quarter's target of $331.56, suggesting recent adjustments in expectations [2] Group 3: Upcoming Earnings Report - The upcoming earnings report is crucial as it marks the beginning of the earnings season for major banks and will provide insights into the economy's health [3] - Investors and analysts are focused on the broader economic landscape rather than just earnings per share (EPS) [3] Group 4: Business Developments - JPMorgan secured the Apple Card business, marking a significant business move for the company [4] - As the largest bank in the United States, JPMorgan's actions and results are closely monitored by investors and analysts [4]

Do you worry about central bank independence. Real central bank independence. >> I think we have to earn that independence and I think we have to be accountable for this independence.But the independence is critically important to make sure that the decisions are as unbiased as possible and only determined by by the you know the macroeconomic analysis and the the anticipation of what monetary policy will do. The passing of time is something that we have to take into account and if in between you have an ele ...

- We will live in a world which is more volatile, which is more prone to shocks and which has clearly fragmented under our eyes in the last few years. - Is this just because of the cycle of humanity. - There's probably something much deeper.I hope we come to a moment of reckoning where we realize that there is only one planet, that the distribution of revenue is clearly important and where we have to live in a society that is not utterly divided and hostile to each other. - Madame Lagarde thank you so much ...

Federal Reserve Bank of Cleveland President Beth Hammack said monetary policy is in a good place to pause and assess the effects of 75 basis points of rate cuts in the economy. https://t.co/nbCK2SERIb ...

RT Bloomberg en Español (@BBGenEspanol)Jerome Powell logró imponer un nuevo recorte, pero la resistencia dentro de la Fed crece. Proyecciones, votos y recomendaciones muestran una institución profundamente dividida sobre el rumbo monetario. @Eloisa_mdeo nos explica.Lee la nota completa en este link gratuito 👇📰 https://t.co/TLgwJLxXkT ...

“I don’t personally have a sense of urgency to need to act further on monetary policy right now, because I think the cuts we’ve made have positioned us really well,” Federal Reserve Bank of New York President John Williams said Friday on CNBC. https://t.co/dqP6YAioWP ...

Central bank decisions in Europe and beyond highlight a waning impulse for monetary policy action https://t.co/AG82gTjt8x ...

What do you make of the criticisms that you are too close to the president to be independent enough to be considered the next Fed chair. >> Well, well, it's true that I'm close to the president, we've worked together closely since 2017. I think that the idea that uh being close to the president and serving uh the president well uh disqualifies someone for any job.It just doesn't make any sense to me. The job of the Federal Reserve chair is to run the Federal Reserve independently. Uh it's also the job of th ...