JPMorgan Chief: Fed Rates in Question, Stablecoins on the Rise
🔺 JPMorgan CEO Jamie Dimon stated that the Fed is unlikely to continue lowering rates without a slowdown in inflation. Currently, the rate is 'stuck' around 3%, and in his opinion, there are more factors for growth than for decline.
📉 Fed Rate
On September 17, the regulator lowered the rate for the first time since 2024 — to 4–4.25%. The market anticipates two more cuts in October and December.
🤑 Stablecoins
Dimon spoke positively about 'stablecoins':
🔴 investors may prefer them over the banking system,
🔴 banks are discussing launching their own token,
🔴 JPMorgan is already working with stablecoins.
📊 Inflation in the USA — 2.9% (August), which is above the target of 2%.
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