JPMorgan has issued a cautionary note suggesting that these cuts may not significantly benefit the stock market, ahead of the anticipated Federal Reserve rate cuts. What Happened: JPMorgan has cautioned that anticipated Federal Reserve rate cuts may not significantly propel stock markets. The firm suggests that the cuts will be reactive to slowing economic growth, potentially dampening their positive impact on equities, reported Business Insider. In a recent research note, JPMorgan strategists, led by Mislav Matejka, stated that the Fed’s rate cuts might not be sufficient to drive a new surge …
