According to King Ten, Standard & Poor's adjusted the rating outlook of JPMorgan Chase (JPM.N) to positive due to its operating strength and ability to achieve solid performance. S&P expects the Federal Reserve to cut interest rates in the second half of 2024, but JPMorgan Chase's profitability will only decline slightly in 2024.
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S&P adjusts JPMorgan Chase's rating outlook to positive and expects the Federal Reserve to cut interest rates in the second half of 2024
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