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Stock impact report

MORNING BID-More than four [Reuters]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Reuters
Federal Reserve Board Chairman Jerome Powell leaves after a Senate Banking Committee hearing on The Semiannual Monetary Policy Report to the Congress on Capitol Hill in Washington, U.S., February 12, 2020. REUTERS/Yuri Gripas/File Photo A look at the day ahead from Sujata Rao. The world's largest economy is predicted to record GDP growth at a 37-year high of 5.5%, with data due later on Thursday. Some such as JPMorgan reckon the figure could be as high as 7.5%. We will also likely see weekly jobless benefits claims dropping further. That, in a nutshell, is why the U.S. Federal Reserve feels there is "quite a bit of room to raise interest rates". Could there be more than four rate rises this year? Powell did not deny that possibility, so markets have started to price a fifth move. Accordingly, Treasury two-year borrowing costs hit 23-month highs, shrinking the gap with 10-year yields. And on t-bills, the shortest-dated debt segment, Tradeweb notes a sharp steepening, with the gap betwe Show less Read more
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