Conversation

JPMorgan forecasts that the war in Ukraine is nearing its end, expecting a ceasefire by the end of the second quarter of 2025.

This assessment comes from the bank’s newly established Center for Geopolitical Risk, designed to help clients navigate global instability.

Analysts believe the conflict has entered the "endgame" phase with the most likely outcome that post-war Ukraine drifts into Russia’s sphere.

https://www.jpmorganchase.com/content/dam/jpmorganchase/documents/center-for-geopolitics/jpmc-cfg-russia-ukraine.pdf