TL;DR

• Barclays: Barclays has updated its forecast to include a third 25 basis point interest rate cut by the Federal Reserve this year.

• Bank of America: The bank now expects the Federal Reserve to start cutting interest rates by 25 basis points in September, moving up from their previous prediction of December.

• JPMorgan Chase: The firm anticipates the Federal Reserve will cut interest rates by 50 basis points in both September and November, followed by 25 basis points at each subsequent meeting.

• Goldman Sachs: The firm now expects the Federal Reserve to cut interest rates by 25 basis points three times this year and doesn’t rule out a 50 basis point cut in September.

Demex

Join the Biggest Cosmos Trading Competition on Demex

Grab Your 7 Day Free Trial

You're invited to upgrade your subscription to our Premium membership with a 7 day FREE trial!

No catches. No strings attached. Just pure crypto alpha to get you ahead!
Upgrade now for:

Ad-Free Experience 🚫👀
Weekly News Summary 📰🔥
Weekly Market Summary 💸📈
Weekly Airdrop Summary 🎁💎

All for just $15/month after the trial.
Don't miss out! Get your FREE trial today 👇

Alpha of the Day

Citigroup's Crystal Ball: Bigger Cuts Ahead

Citigroup is shaking up their predictions and telling us the Federal Reserve is going to be chopping interest rates like a chef on a cooking show. They now forecast a 50 basis point reduction in both September and November, and then they'll finish the year with a cute little 25 basis point cut in December. Forget their previous modest 25 basis point expectations, Citigroup is going big or going home. It's like they suddenly decided that being bold is the new trend, and we’re all just along for the ride. Who knew interest rates could have more plot twists than a season finale?

Barclays' Triple Treat: More Cuts Coming

Barclays has joined the interest rate party and they’re not coming empty-handed. They’ve spiced up their forecast to now include a third 25 basis point cut by the Federal Reserve this year. It’s like they’re adding an extra scoop of ice cream to our economic sundae. Barclays must have peeked into their economic crystal ball and seen something juicy, because they’re ready to bet on more rate cuts than they initially thought. Maybe they’re just trying to outdo Citigroup. Either way, it’s more cuts for everyone!

Newsletter Bitcoin

Receive weekly Bitcoin summaries with news, insights and analysis on all things Bitcoin, all for free.

Bank of America: September Surprise

Bank of America is moving up their timeline and telling us to brace for impact in September. They’ve shifted their prediction from December to September for a 25 basis point rate cut. Apparently, they’ve decided that waiting until the end of the year is so last season. It’s like they’re saying, “Why wait for Christmas when you can have your presents now?” So, get ready for an early holiday gift from the Fed, courtesy of Bank of America's revamped forecast.

JPMorgan Chase: Double Down on Cuts

JPMorgan Chase is going all in with their prediction that the Federal Reserve will slash interest rates by 50 basis points in both September and November, and then follow up with 25 basis point nibbles at each meeting after that. It's like they’re planning a steady diet of rate cuts to keep the economy in shape. They’re not just talking a one-time deal here, they’re expecting a whole series of reductions. It’s as if the Fed is on a mission to win a marathon, one rate cut at a time.

Creator Spotlight

Behind-the-scenes stories from across the creator economy.

Goldman Sachs: Cutting Through the Noise

Goldman Sachs is getting serious about rate cuts, predicting three separate 25 basis point reductions this year. But wait, there’s more – they’re not ruling out a big 50 basis point cut in September. It’s like they’re preparing for every possible scenario, ready to slice and dice those rates as needed. Goldman’s taking a “more is more” approach, just in case the Fed decides to make a grand gesture. It's like they’re saying, “Go big or go home,” but with interest rates.

TD Securities: 2024's Rate Cut Countdown

TD Securities is looking ahead to 2024 and they’re seeing a total of 75 basis points in rate cuts coming our way. They’re spreading the love with 25 basis point cuts lined up for September, November, and December. It’s like they’ve got a whole calendar planned out for us. TD is taking a long-term view, ensuring we know exactly what to expect as we head into the new year. It’s a little like having a roadmap to navigate the twists and turns of the economic landscape, courtesy of TD Securities.

Big Desk Energy

Startup insights, stories, and vibes sent to your inbox every Tuesday.

Follow us on X

Check out the Podcast

Listen to crypto founders and our weekly roundup on your favourite podcast platform