Home
Determine the reasons for Bitcoin's rise to record levels
money and business
Economy News - follow up
Bitcoin's record rise could lead the US Federal Reserve to delay planned interest rate cuts later this year, according to JP Morgan.
Bitcoin's rise above $60,000, coupled with record highs for stocks, suggests a bubble is starting to build in risk assets, strategist Marko Kolanovic said in a recent note.
This bubble could eventually prompt the Fed to postpone planned interest rate cuts, which are often a catalyst for risky assets, because they could unleash another round of inflation.
“This could keep monetary policy tight for longer, as premature rate cuts threaten to inflate asset prices further or cause another spike in inflation,” Kolanovic said.
The market currently expects the Fed to cut interest rates at least three times in 2024, with the first rate cut occurring in June, according to the CME FedWatch tool.
With most of the stock market's rise since October driven by expectations of taming inflation and lower interest rates, further delays in the Fed's planned interest rate cuts could cast a shadow over the stock market's upward trajectory...
Views 68
Added 03/09/2024 - 8:02 AM
https://economy-news.net/content.php?id=41267
money and business
Economy News - follow up
Bitcoin's record rise could lead the US Federal Reserve to delay planned interest rate cuts later this year, according to JP Morgan.
Bitcoin's rise above $60,000, coupled with record highs for stocks, suggests a bubble is starting to build in risk assets, strategist Marko Kolanovic said in a recent note.
This bubble could eventually prompt the Fed to postpone planned interest rate cuts, which are often a catalyst for risky assets, because they could unleash another round of inflation.
“This could keep monetary policy tight for longer, as premature rate cuts threaten to inflate asset prices further or cause another spike in inflation,” Kolanovic said.
The market currently expects the Fed to cut interest rates at least three times in 2024, with the first rate cut occurring in June, according to the CME FedWatch tool.
With most of the stock market's rise since October driven by expectations of taming inflation and lower interest rates, further delays in the Fed's planned interest rate cuts could cast a shadow over the stock market's upward trajectory...
Views 68
Added 03/09/2024 - 8:02 AM
https://economy-news.net/content.php?id=41267
» utube 11/18/24 US President Donald Trump Statement About Iraqi Dinar New RateIraqi Dinar News
» utube 11/21/24 MM&C MM&C News Reporting-Global Trade-Best Route in World-Purchase Power-Justice-Cen
» Mazhar Saleh: Population census is the basis for achieving optimal development
» Setting the date for announcing the preliminary results of the population census
» Kurdish MP: Population census will affect all governorates financially
» Between Israeli accusations and Baghdad's position: Is Iraq heading towards an international confron
» Al-Sudani renews his directives on the necessity of completing service projects within the previousl
» Political movement calls on parliament to strike dens of corruption
» MP criticizes the Foreign Ministry's performance towards the Turkish occupation
» Parliamentary Economy Committee criticizes the government’s withdrawal of the Public-Private Partner
» Before the vote... Washington moves its agendas to prevent the approval of the personal status law
» Al-Maliki: The Zionist entity seeks to strike Iraq through its expansionist war
» MP identifies 3 black images of the American role in the Middle East
» Where is the Baghdad-Washington agreement? The Zionist entity provokes Iraq and threatens to bomb it
» Durable goods are an open option for citizens.. Planning indicates a high response to the population
» Parliamentary Legal: The regional government is trying to change the demographics of Kirkuk to regai
» Arrest warrant issued for Anbar Council member for involvement in corruption and terrorism cases
» Al-Sudani directs continued payment of wages to workers on a "daily wage" during the two days of the
» What is the relationship between the population census and the national development plan? Al-Sudani’
» Iraq's seaborne crude oil exports decline
» Will the population increase the number of representatives in Iraq?
» In cooperation with the United Nations Population Fund.. The first population census in Iraq in more
» Jordanian company completes strategic submersible pumps project in Iraq
» Rasool: The government is pursuing anyone involved in activities that threaten Iraq's security
» US military creates air bridge from Iraq to Syria
» Al-Sudani, Putin discuss Middle East issues amid unprecedented escalation of tension in the region
» Know the secrets of the Iraqi house.. Baghdad demands that Washington deter Israel
» On the second day of the curfew, Al-Sudani tours Baghdad and “meets citizens”
» Planning: Slums are counted as a fact in the population census
» Despite problems, Iraq and Turkey agree to increase trade exchange
» Iraqi regions detect drones.. and Washington informs Baghdad of "exhausting" its pressure on the ent
» Bitcoin breaks $97,000 barrier for the first time in its history
» A difference of more than two million people: Iraqi or international estimates? Who will prove the a
» In numbers.. UAE exports to Iraq grow significantly
» Problems with the lists and the minister’s travel.. Baghdad to send salaries to Kurdistan employees
» Al-Awadi: Iraq will demand a UN resolution under Chapter VII to immediately cease fire
» How will the census reflect on drawing the economic map of Iraq? An expert answers
» Al-Hakim and Al-Amiri at one table to discuss these files
» Government Advisor: Population Census is an Essential Tool for Building Effective Strategic Economic
» A legal expert explains the extent of the Security Council's response to the Zionist entity's compla
» MP: The remaining time of the government’s term may not allow for a ministerial change
» MP: Iraq has dealt a qualitative blow to international drug trafficking mafias
» During 2024.. Iraq achieves a record in fuel oil exports
» Calls to issue a parliamentary decision binding the government to cancel the agreements with Egypt a
» Central Bank of Iraq sales exceed $6 billion in a month
» Planning: Iraq will apply international standards in the general census in coordination with the Uni
» Trade: Government measures to ensure continued food flow during census days
» The Prime Minister stresses the importance of the collection sector within the system of providing e
» Iraq produces more than 6 million m3 of wastewater daily
» Prime Minister's Advisor: National development plans depend on census results
» Investment extends the grace period for Bismayah residents to enter through electronic gates
» Trade: The general population census will be a starting point for important economic transformations
» Al-Sudani confirms the government's determination to proceed with organizing tax collection in a fai
» Al-Sudani visits the headquarters of the Ministry of Planning
» The Ministry of Oil announces the resumption of work in the production line of the North Gas Company
» Christian discontent with 'alcohol ban': It opposes freedoms and causes financial losses
» Al-Mashhadani stresses the importance of the Russian role in supporting Iraq at the regional and int
» Iraqi government issues new decisions - Urgent
» Legal expert details the extent of the impact of the population census on the controversial Article
» Al-Mashhadani directs the preparation of reports on the performance of ministers, governors and head
» Minister of Labor: More than 4 million children covered by the social protection system
» Al-Sudani chairs emergency meeting of the Ministerial Council for National Security
» Directive from Al-Sudani regarding meter readers on a contract basis in electricity
» Iraq borrows $390 million from Japan to develop Basra refinery
» Iraq and the "Israel-Iran" War.. Serious Government Measures to Secure the Launching Areas of Attack
» Iraqi oil recovers and exceeds the $70 barrier
» Integrity Commission Recovers Corruption Convict From Egypt.. Who Is He?
» utube 11/18/24 MM&C IQD News Report - Contracts - Projects - Non Oil Revenue Streams - Activating
» North Gas announces resumption of production line (1000) after maintenance is completed
» Economist: The government is relying on weak reasons to diversify non-oil sources
» Parliamentarian reveals secrets of railway investment
» Iraqi Prime Minister: Tomorrow we will take an important step that has been delayed for years
» Federal decisions threaten to shut down two thousand factories and disrupt a quarter of a million jo
» First government comment on Israel's complaint against Iraq before the UN Security Council
» Turkish Trade Minister: Development Path is the Best Corridor in the World
» The future of international trade transactions in US dollars in Iraq
» The first project to index Iraqi manuscripts digitally
» Parliamentary Security: Army Aviation College Law Ready for Voting
» Population Census.. The Path to Development
» Population census: an important tool for achieving sustainable economic development
» Knowledge Summit 2024 kicks off, sharing visions and expertise on the future of knowledge and innova
» The Minister of Interior discusses with the representative of the Secretary-General of the United Na
» Minister of Transport confirms that the development road project will pave the way for important str
» Türkiye's exports to Arab countries amounted to $40 billion in the first ten months of this year, an
» Resumption of production line (1000) in the North Gas Company
» Al-Hakim calls for enacting a law that legally protects paramedics from tribal prosecutions
» The President of the Supreme Judicial Council discusses with the Spanish Ambassador cooperation betw
» Al-Sudani: The census is the dividing line between guesses and facts to distribute wealth according
» The Speaker of the House of Representatives discusses with the Chinese Ambassador bilateral relation
» Kurdish parties set impossible conditions for participation in the new government and formation in A
» Can America limit China's influence in Iraq?
» It will be passed soon.. Revealing the most important amendments to the Anti-Narcotics Law in Iraq
» Al-Mashhadani: The general amnesty law is at the top of our priorities for the next stage
» Al-Sudani confirms the government's desire to develop the trade balance with Türkiye
» MP: No understanding on "controversial" laws, disputes continue - Urgent
» "An important achievement" .. The government reviews the most prominent advantages provided by the p
» Al-Mashhadani confirms Parliament's support for legal agreements between Baghdad and Erbil
» There is no point in changing them.. Politician: The new ministers will be nominated by the same par