[JPMorgan Warns Fed Rate Cut Could Trigger Sell-Off Risk] JPMorgan has warned that if the Federal Reserve proceeds with a rate cut as expected at the September 17 meeting, it could trigger a 'sell-the-news' scenario. Market intelligence chief Andrew Taylor stated that while U.S. stocks have shown resilience, investor sentiment remains fragile against the backdrop of tariff impacts and weak employment data. He also pointed out that a rate cut could exacerbate inflationary pressures, particularly due to the transmission of tariff costs and wage inflation risks. The S&P 500 Index has already risen more than 30% this year, but with September being a traditionally weak period for U.S. stocks, the market faces greater uncertainty.