JPMorgan Chase CEO Dimon: Everyone I Know Believes in the Independence of the Federal Reserve

Odaily News JPMorgan Chase CEO Jamie Dimon stated that everyone we know believes in the independence of the Federal Reserve, and despite some underlying risks, the U.S. economy remains generally resilient. Dimon pointed out: "Although the labor market has slowed down, the overall situation does not seem to have worsened. Meanwhile, consumers continue to spend, and businesses are generally healthy." He indicated that this trend might persist for some time, especially supported by ongoing fiscal stimulus, deregulation benefits, and the Federal Reserve's recent monetary policies. However, Dimon remains somewhat cautious: "We remain highly vigilant, and the market seems to be underestimating potential risks—including complex geopolitical situations, persistent inflation risks, and elevated asset prices." (Jin10)