FILE PHOTO: FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/File Photo

(Reuters) -J.P. Morgan mirrored Morgan Stanley in withdrawing its forecast for a 25-basis-point Federal Reserve rate cut in December following a stronger-than-expected US jobs report.

In a note released late Thursday, the Wall Street brokerage said it still expects the next rate cuts to occur in January and April.

(Reporting by Akriti Shah in Bengaluru; Editing by Sherry Jacob-Phillips)