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JPMorgan CEO Dimon: Everyone I know believes in the independence of the Federal Reserve
Summary: According to sources, JPMorgan CEO Dimon stated that everyone he knows believes in the independence of the Federal Reserve, despite some potential risks, the overall resilience of the U.S. economy remains. Dimon pointed out, 'Although the labor market has slowed down, the overall situation does not seem to have worsened. At the same time, consumers ...
According to sources, JPMorgan CEO Dimon stated that everyone he knows believes in the independence of the Federal Reserve, despite some potential risks, the overall resilience of the U.S. economy remains. Dimon pointed out, 'Although the labor market has slowed down, the overall situation does not seem to have worsened. At the same time, consumers continue to spend, and businesses generally remain healthy.' He stated that this trend may continue for some time, especially with ongoing fiscal stimulus, regulatory easing, and recent monetary policy support from the Federal Reserve. However, Dimon remains cautious: 'We remain highly vigilant, and the market seems to underestimate potential risks - including complex geopolitical situations, persistent inflation risks, and high asset prices.'
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Link: JPMorgan CEO Dimon: Everyone I know believes in the independence of the Federal Reserve [Copy]