How to Play JPMorgan Stock as Fed Hints Fewer Rate Cuts for 2025?

On Wednesday, the Federal Reserve signaled that the pace of interest rate cuts will slow down significantly in 2025. As such, investors turned bearish, and rate-sensitive stocks, including JPMorgan (JPM) , plunged. However, the stock rebounded thereafter with a year-to-date return of 36.9%.JPM shares have outperformed not only the S&P 500 Index but also its industry peers – Bank of America (BAC) and Citigroup (C) this year.Year-to-Date Price Performance Image Source: Zacks Investment ResearchFewer Interest ...