Dimon on the Fed, inflation, and the consumer: YF Exclusive

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In an exclusive interview, JPMorgan Chase CEO Jamie Dimon (JPM) speaks with Yahoo Finance Executive Editor Brian Sozzi from the Chase for Business 'Make Your...

on the Federal Reserve's decision to keep its rate hiking cycle on pause."I think they did the right thing to raise rates rapidly and I think they are kind of right to pause here a little bit and see what happens. But I suspect that they might not be done," Dimon said, adding that"there's a chance inflation is a little bit stickier than people think."

Dimon also had strong words for leaders in Washington."D.C. goes out of its way to make it hard...for small to large businesses to grow and expand," Dimon said."Some of our regulations are, they're barnacles. They've been there for years. They should be taken away because they're just slowing down growth. I mean, I'm in favor of good regulations, just not endless regulations.

Ukraine has taken 17,000 Russians off the battlefield without firing a shot, US Army special-ops general says The Israel-Hamas war and the new GOP House Speaker Mike Johnson could pose issues for Ukraine in receiving continued aid from the US.Tara Durant claims an “angry mob” of Black Lives Matter protesters "assaulted" her car in 2020. Newly obtained police reports suggest something different.Most Russians against ending Ukraine war if captured land returned - poll

Source: News Formal (newsformal.com)

 

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