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JPMorgan Issues Stark Warning: September 17 Fed Rate Cut Risks ‘Sell the News’ Stock Plunge

JPMorgan Issues Stark Warning: September 17 Fed Rate Cut Risks ‘Sell the News’ Stock Plunge

JPMorgan Issues Stark Warning: September 17 Fed Rate Cut Risks ‘Sell the News’ Stock Plunge JPMorgan has issued a significant warning to investors ahead of the Federal Reserve’s anticipated interest rate decision on September 17. The banking giant cautions that while many expect a rate cut to fuel the ongoing stock market rally, the event could instead trigger a sharp ‘sell the news’ decline in stock prices. According to Andrew Tyler, head of global market intelligence at JPMorgan, the market’s…

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JPMorgan’s Fintech Fee Push: A Year-Old Battle Reshaping Financial Data Access

JPMorgan’s Fintech Fee Push: A Year-Old Battle Reshaping Financial Data Access

JPMorgan’s Fintech Fee Push: A Year-Old Battle Reshaping Financial Data Access JPMorgan Chase, the largest U.S. bank, initiated a significant shift last year by pushing to charge fintech companies for data access, citing the massive strain these ‘middlemen’ place on its systems. Internal memos from late 2024 revealed that a staggering 87% of the 1.89 billion monthly data requests from aggregators like Plaid were not customer-initiated transactions, but rather for purposes ranging from product improvement to data harvesting. This move,…

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