JPMorgan

JPMorgan Raises US Recession Probability To 35% By Year-End

08 Aug 2024

JPMorgan has revised its forecast, predicting a 30% likelihood that the Federal Reserve and other central banks will maintain high interest rates for an extended period, down from a 50% probability just two months ago. JPMorgan Chase & Co. now projects a 35% chance of a US recession by the...

JPMorgan CEO Jamie Dimon Urges Swift Action on U.S. Fiscal Deficit

15 May 2024

JPMorgan Chase CEO Jamie Dimon recently emphasized the urgency for the United States to address its fiscal deficit, cautioning that delaying action could lead to greater discomfort in the future. Dimon's remarks come amid a backdrop of significant economic measures taken during the COVID-19 pandemic, such as interest rate hikes,...

India will be included in JPMorgan’s emerging-markets bond index

22 Sep 2023

JPMorgan Chase & Co. will start including Indian government bonds in its benchmark emerging-market index on June 28 in 2024, which is a significant development that could attract foreign capital to India's debt market. The Indian government's introduction of the "FAR program in 2020 and substantive market reforms for aiding...