JPMorgan Chase has adjusted its outlook, stating that it no longer anticipates the Federal Reserve will lower interest rates in December. This change reflects a shift in the bank’s economic predictions regarding the central bank’s monetary policy. The expectation of a rate cut has been a topic of discussion among financial analysts, as the Fed’s decisions can significantly impact markets and lending rates. The revision by JPMorgan Chase indicates a more cautious stance on the potential for stimulus measures in the near term.
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