News list for "Morgan Grand"
JPMorgan said the election result reduces the risk of a heated debate over the U.S. debt ceiling in the first half of 2025 and alleviates uncertainty about the evolution of the Treasury's General Account (TGA). The debt ceiling has been suspended until January 1, 2025, after which the Treasury will begin using unconventional measures and its cash balances to meet its debt obligations. JPMorgan believes that assuming Treasury's TGA forecast for the fourth quarter of 2024 is $700 billion, along wi...
JPMorgan Chase said it expects the Federal Reserve to cut interest rates quarterly after its December policy meeting until the federal funds rate reaches 3.5 percent.
JPMorgan said that at the current bitcoin price, the remaining 1.30 million BTC to be mined are worth about $74 billion. JPMorgan said it lowered the target price of the miner to $10.50 from $12.50, taking into account the second quarter results and changes in bitcoin prices and network hashrate, while maintaining a neutral rating on the stock. It lowered the Iren target price from $11 to $9.50, and maintained an overweight rating. Marathon Digital, which reduced its rating, lowered its price ta...
