September 18, 2024 at 12:03AM
JPMorgan CEO Jamie Dimon was speaking at a conference on Tuesday. I didn’t hear a specific 25 or 50 from him, but he did say that the cut is “not going to be earth-shattering.”
I guess that’s a tip for 25? Although 50 ain’t gonna shatter the earth either come to think of it.
More on the cut:
“it’s a minor
thing”
“People overly focus on, ‘are we going to have a soft landing, a hard landing? Honestly, most of us have been through all that stuff, it doesn’t matter as much.”
Dimon says his big concerns right now are eopolitical
issues
Ukraine
the Middle East
US relationship with China
This article was written by Eamonn Sheridan at www.forexlive.com.
JP Morgan CEO Dimon says FOMC rate cut today is not going to be earth-shattering.