JPMorgan CEO Jamie Dimon has a clear message for Donald Trump: ‘Playing with Fed can…’; warns of tariff impact
JPMorgan Chase CEO Jamie Dimon defended the Federal Reserve's independence amidst President Trump's pressure for rate cuts, cautioning against policy interference. Dimon highlighted potential adverse consequences of meddling with the central bank. Despite a 17% drop in net income to $15 billion, JPMorgan exceeded Wall Street expectations.
JPMorgan Chase CEO Jamie Dimon defended the Federal Reserve's independence amidst President Trump's pressure for rate cuts, cautioning against policy interference. Dimon highlighted potential adverse consequences of meddling with the central bank. Despite a 17% drop in net income to $15 billion, JPMorgan exceeded Wall Street expectations.
