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 only decline modestly in 2024.
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