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JP Morgan: Fitch’s Next Downgrade Target?

A warning has been issued by Fitch Ratings analyst, Chris Wolfe, regarding the possibility of rating downgrades on multiple U.S. banks, including major institutions like JPMorgan Chase. Although such a downgrade is not inevitable, the cautionary move is a genuine possibility.

JP Morgan: Potential Downgrades Loom as Fitch Ratings Raises Concerns About Banking Industry Stability. Photo: MICHEL EULER/POOL/AFP via Getty Images

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