Jpmorgan chase stock price may gain from potential rate cuts

JPMorgan Chase stock price may gain from potential rate cuts later this year, boosting mortgage origination and refinancing activity, enhancing fee income streams. JPMorgan Chase & Co. reported revenues of $44.91 billion in the last reported quarter, representing a year-over-year change of -10.5%. EPS of $4.96 for the same period compares with $4.4 a year ago. Get this delivered to your inbox, and more info about our products and services. Share buybacks announced in Q2 could provide sustained demand for JPMorgan Chase stock price, mitigating downside risk during market corrections.