Jamie Dimon, CEO of JPMorgan, does not see more feat cuts from the Fed this year

According to Dimon, despite the enthusiasm for future cuts, this possibility is unlikely if inflation levels do not decrease anymore. He also spoke in favor of the Stablecoin, indicating that these assets do not constitute a threat to the banking sector.

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• The CEO of JPMorgan He warned that the Federal Reserve may not cut the rates if inflation persists.
• Dimon assured that Stablecoins do not represent an imminent threat to the banking system.
• The last cut promoted the price of Bitcoin above USD $ 117,500.

Jamie Dimon, CEO of JPMorgan, considers that United States Federal Reserve (Fed) It could stop future trimming of interest rates if inflation does not descend, and minimized the risks of stablecoins for the banking sector.

The Executive made these statements in an interview for the TV18 program of the chain CNBC, reviewed by Cryptopolitan, where he stressed that inflation remains stagnant around 3% and warned that, if it persists, it will be difficult for the Fed continue with your monetary relief policy. Dimon said he expects economic growth “decent” and that would prefer a rate cut derived from a solid scenario and not from a recession.

Dimon: Fed difficult to cut more
Inflation 2.9%, about 3%.
Stablecoins are not immediate threat, banks are studied.
Bitcoin surpassed USD 117,500 after cutting. pic.twitter.com/i7lscaadxz

– Diario ฿ Itcoin (@diariobitcoin) SEPTEMBER 23, 2025

The Fed, For its part, it projects two additional cuts by 2025. according to the CME Fedwatch Toolthe markets foresee up to two more cuts in the next three months. This perspective differs from Dimon’s vision, who is skeptical about a more aggressive cycle of reductions.

About rates and impact on cryptocurrencies

The Federal Reserve He made his first 25 basic points last week so far this year. The markets expect another cut of equal magnitude at the meeting at the end of October and a third party at the beginning of December. The Central Bank also left open the possibility of an additional cut in 2026.

Historically, fees reductions have favored cryptocurrency markets, lowering the cost of capital and encouraging investments in higher risk assets. After the cut of the Fed, Bitcoin exceeded USD $ 117,500 for the first time in more than a month.

According to data published on September 11, inflation in the US increased 0.4% in August and 2.9% in the last 12 months, above the 2% target set by the Fed.

Different opinions within the Fed

Other officials of the Central Bank share Dimon’s caution. Alberto Musalem, president of St. Louis Federal Reserve BankHe indicated that there is a limited margin for new cuts despite inflationary pressure. Musalem said it would support another reduction only if the labor market deteriorates.

For its part, Raphael Bostic, president of the Atlanta fedhe said that he expects only a cut this year, emphasizing that inflation remains high and that it is crucial to keep the long -term rates stable.

Stablecoins and regulation

Dimon also referred to the stablcoins, noting that he does not see in them an immediate threat to the banking system. He explained that JPMorgan and other entities must understand this market and stay up to date, since in July the Congress approved laws to regulate these tokens.

“There will be people who want to have dollars through a stablecoin outside the US Dimon said.

The Executive added that JPMorgan Participate in digital assets backed by dollars and that the sector evaluates to form a consortium to launch its own stablecoin. He also questioned the need for central banks to use these tokens with each other and considered that their development will be gradual.

The banking industry has asked the Congress It hardens the standards on Stablecoins. Citigroup, Through his analyst Ronit Ghose, he warned that there are legal gaps that allow Stablecoins and affiliate issuers to pay interest on these instruments. According to the bank, something similar in the 80s promoted the funds of the USD market $ 4,000 million in 1975 to USD $ 235,000 million in 1982, generating massive exits from traditional banks.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, freely used, licensed under public domain

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