JPMorgan Earnings Boosted by Higher Interest Rates but Sets Aside $2.29 billion for Loan Losses

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  • 13 Jan '23 at 7:17 am #51330
    ThePitBoss
    Participant

    JPMorgan Chase JPM, America’s largest bank kicked off the banking sector’s fourth quarter earnings season on Friday before the market opened. $JPM rep
    [See the full post at: JPMorgan Earnings Boosted by Higher Interest Rates but Sets Aside $2.29 billion for Loan Losses]

    19 Jan '23 at 9:05 am #51713
    TradersCom
    Keymaster

    JPMorgan CEO Jamie Dimon pushing for higher rates (where $JPM made all their money last quarter) on @CNBC in an interview “I think there’s a lot of underlying inflation, which won’t go away so quick,” adding he thinks rates will top 5.0%.

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