{"id":89321,"date":"2024-09-11T00:14:06","date_gmt":"2024-09-11T04:14:06","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89321"},"modified":"2024-09-10T20:26:02","modified_gmt":"2024-09-11T00:26:02","slug":"jpmorgan-chase-shares-drop-5-after-bank-tempers-guidance-on-interest-income-and-expenses","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2024\/jpmorgan-chase-shares-drop-5-after-bank-tempers-guidance-on-interest-income-and-expenses.html","title":{"rendered":"JPMorgan Chase shares drop 5% after bank tempers guidance on interest income and expenses"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/JPM\/\">JPMorgan Chase<\/a>\u00a0shares fell 5% on Tuesday after the bank\u2019s president told analysts that expectations for net interest income and expenses in 2025 were too optimistic. While the bank expects to be in the \u201cballpark\u201d of the 2024 target for NII of about $91.5 billion, the current estimate for next year of about $90 billion \u201cis not very reasonable\u201d because the Federal Reserve will cut interest rates,<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/09\/10\/jpmorgan-chase-shares-drop-nearly-7percent-after-bank-tempers-guidance-on-net-interest-income.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) JPMorgan Chase\u00a0shares fell 5% on Tuesday after the bank\u2019s president told analysts that expectations for net interest income and expenses in 2025 were too optimistic. While the bank expects to be in the \u201cballpark\u201d of the 2024 target for [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89321","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89321"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89321\/revisions"}],"predecessor-version":[{"id":89322,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89321\/revisions\/89322"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}