S&P Revises JPMorgan Rating Outlook to Positive, Expects Fed Rate Cut in H2 2024
S&P revised its outlook on JPMorgan Chase's (JPM.N) ratings to positive due to its operational strength and ability to deliver solid results. S&P expects the Federal Reserve to cut interest rates in the second half of 2024, but JPMorgan's profitability will decline only slightly in 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
RaveDAO launches fan achievement badge system, connecting offline actions with on-chain identity
Circle partners with Aleo to launch bank-grade privacy stablecoin USDCx
Global monetary policy shifts as interest rate hike expectations rise in multiple countries
Trending news
MoreCrypto prices
More
