JPMorgan Fed Rate Path Claims Contradicted by Internal Reports

Key Points:

  • Discrepancy between JPMorgan’s internal reports and public claims on Fed rates.
  • JPMorgan forecasts rate cuts, not hikes, for 2026 and 2027.
  • Market and crypto impact unclear due to unverified claims.

JPMorgan Chase, contradicting reports from PANews and Jinshi, maintains its forecast for Federal Reserve interest rate cuts in 2026 and 2027, according to primary research sources.

The potential market impact involves Bitcoin and Ethereum, as these assets typically react to changes in interest rate expectations, which could influence risk sentiment and liquidity.

JPMorgan’s Internal Reports Suggest Rate Cuts, Not Hikes

JPMorgan Chase has been noted for changing its interest rate forecast, now purportedly expecting no rate cuts in 2026. Yet, primary-source materials from JPMorgan indicate plans for rate cuts in 2026 and 2027. This inconsistency raises doubts about PANews’ report.

Market implications are significant if PANews’ claims were accurate. Higher interest rates could deter investments in risk assets like cryptocurrencies. However, JPMorgan’s official stance, favoring cuts, suggests a more favorable environment for crypto.

“We expect the Federal Reserve to take its time in implementing further rate cuts with two in total in 2026 and a further cut in 2027.” – J.P. Morgan Asset Management, Economics Team, JPMorgan Asset Management

Potential Market Impact on Cryptocurrencies Remains Uncertain

Did you know? In past monetary policy shifts, Federal Reserve rate cuts have often coincided with increased cryptocurrency valuations, highlighting the sensitivity of digital assets to interest rate changes.

According to CoinMarketCap, Bitcoin (BTC) is priced at $92,065.43, with a market cap of $1.84 trillion. BTC dominates 58.64% of the market. In the last 24 hours, its trading volume reached $25.90 billion, marking a 1.54% price increase since yesterday.

bitcoin-daily-chart-5584

Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 06:12 UTC on January 12, 2026. Source: CoinMarketCap

Insights from Coincu research suggest that unverified claims like those from PANews can cause uncertainty. Verified Fed rate cuts potentially support crypto markets, reinforcing BTC and ETH’s standing as risk assets. Long-term projections remain speculative without confirmed policy shifts.

Source: https://coincu.com/markets/jpmorgan-fed-rate-forecast-discrepancy/