Wall Street alert: JP Morgan CEO to Donald Trump; ‘You may trigger ‘economic fallout’ if …’
Jamie Dimon, JPMorgan Chase's CEO, cautioned President Trump on the risks of tariffs to the US economy during the bank's earnings call. He stressed the importance of the Federal Reserve's independence, a stance contrasting with Trump's criticism of Fed Chair Jerome Powell. Despite JPMorgan's strong profits, Dimon highlighted macroeconomic risks stemming from political decisions.
Jamie Dimon, JPMorgan Chase's CEO, cautioned President Trump on the risks of tariffs to the US economy during the bank's earnings call. He stressed the importance of the Federal Reserve's independence, a stance contrasting with Trump's criticism of Fed Chair Jerome Powell. Despite JPMorgan's strong profits, Dimon highlighted macroeconomic risks stemming from political decisions.
