Back to today’s briefing

Story perspectives

Major Banks Forecast 12% Growth Amid Rate Cut Speculation

1/13/2025

50 5

Summary

Story summary

Key economic data, including US PPI, CPI, and UK CPI, may impact rate cut expectations this week.
Major US banks, such as JPMorgan Chase and Goldman Sachs, will report fourth-quarter earnings.
Analysts forecast nearly 12% year-on-year growth for these banks.
JPMorgan is expected to see a 35% increase, while Goldman Sachs may achieve nearly 50% growth.

1 of 1

Story summary

Key economic data, including US PPI, CPI, and UK CPI, may impact rate cut expectations this week.
Major US banks, such as JPMorgan Chase and Goldman Sachs, will report fourth-quarter earnings.
Analysts forecast nearly 12% year-on-year growth for these banks.
JPMorgan is expected to see a 35% increase, while Goldman Sachs may achieve nearly 50% growth.