Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
JPMorgan strategist: No reason for Fed to cut interest rates now

JPMorgan strategist: No reason for Fed to cut interest rates now

CointimeCointime2024/03/27 02:56
By:Cointime

Investors have been eagerly awaiting a rate cut by the Federal Reserve, but Morgan Stanley strategist Oksana Aronov believes that in the current environment, the Fed has no convincing reason to lower rates. Aronov stated in an interview with CNBC that the economy is performing well, with unemployment rates lower than the neutral level believed by the Fed, and even in their long-term forecasts, inflation rates are higher than the target, but the economy does not seem to be restricted by these rates. It is difficult to understand why they are taking action now without any problems. In fact, growth forecasts for 2024 are only increasing. The Fed's latest economic forecast summary shows that officials expect actual GDP growth to reach 2.1% this year, compared to a forecast of 1.4% in December. Other economists such as Apollo's Torsten Sløk also predict zero rate cuts this year.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

ESUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/16 11:12

New spot margin trading pair — CROSS/USDT, TAC/USDT!

Bitget Announcement2025/07/16 08:07

Subscribe to TANSSI Savings and enjoy up to 15% APR

Bitget Announcement2025/07/15 11:00

TACUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/15 10:40