JPMorgan CEO Dimon: Everyone I know believes in the independence of the Federal Reserve
According to Odaily, JPMorgan CEO Jamie Dimon stated that everyone we know believes in the independence of the Federal Reserve. Despite some potential risks, the US economy remains generally resilient. Dimon pointed out: "Although the labor market has slowed down, the overall situation does not seem to have deteriorated. At the same time, consumers continue to spend and businesses remain generally healthy." He indicated that this trend may continue for some time, especially with ongoing fiscal stimulus, favorable deregulation, and recent support from the Federal Reserve's monetary policy. However, Dimon remains somewhat cautious: "We remain highly vigilant, while the market seems to underestimate potential risks—including complex geopolitical situations, persistent inflation risks, and elevated asset prices." (Golden Ten Data)
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