JPMorgan Chase CEO Dimon: Everyone I know believes in the independence of Federal Reserve
Svmuu News: Jamie Dimon, CEO of JPMorgan Chase, stated that everyone we know believes in the independence of Federal Reserve, and that despite some underlying risks, the U.S. economy remains resilient overall.Dimon noted: “Although the labor market has slowed somewhat, the overall situation does not appear to have deteriorated. At the same time, consumers continue to spend, and businesses remain generally healthy.” He indicated that this trend is likely to persist for some time, particularly with the support of ongoing fiscal stimulus, the benefits of deregulation, and the recent monetary policy measures from Federal Reserve. However, Dimon remains cautiously optimistic: “We remain highly vigilant, while the market appears to be underestimating potential risks—including complex geopolitical tensions, the risk of stubborn inflation, and elevated asset prices.” (Jin Shi)
Source:Odaily · Source Link
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