Bitcoin (CRYPTO: BTC) continues to fall out of favor. The world's leading cryptocurrency is having a rough start to the year, down 11% (as of Feb. 1). And it trades 39% lower than its record from October last year. The latest dip might be due to investors' perception of President Donald Trump's nominee for Federal Reserve Chair, Kevin Warsh. He has historically had a hawkish philosophy on monetary policy. That is leading to market pessimism, as most investors probably want to be confident that lower intere ...

The weaker dollar is failing to spur bitcoin's (BTC) usual rally, and J.P. Morgan Private Bank explains the unexpected behavior as a window into the nature of the U.S. currency's decline. The Dollar Index (DXY), which measures the greenback against a basket of peers, has dropped 10% in the past year. Bitcoin, which historically gains during periods of dollar weakness, lost 13% in the same period, CoinDesk data show. The CoinDesk 20 index (CD20), a measure of the largest digital assets, fell 28%. The dif ...

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]

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 ...

The Kelsey prediction markets agree by the way with Hasset now back ahead of former Fed Governor Kevin Worsh who took the lead I think just this week. Hasset leading the odds today with a 53% chance of getting the nod. Worsh down to 34.While the market debates which Kevin could win the horse race, we wanted to ask what would be the real difference between them as far as the market can discern. Let's bring in Dan Clifton. He's head of policy research at Strategus.Dan, the task goes to you. I'm sure everyone ...

Federal Reserve Bank of New York President John Williams said monetary policy is well positioned for next year following last week’s interest-rate reduction https://t.co/I60GiQO6gB ...