JPMorgan CEO Dimon: A 50 basis point rate cut by the Fed may be the right choice

JPMorgan Chase CEO Dimon is cautious about whether the United States economy will achieve a soft landing and said the Fed is the right thing to do. “A 50 basis point cut could be the right choice,” he said. But Dimon expressed skepticism about the United States economy and its market pricing, saying, “I’m a long-term optimist, but in the short term, I’m more skeptical of people who say everything will be fine.” Market pricing suggests that everything is going to be fine. Let me be on the side of caution. (Golden Ten)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)