Fed, Trump and Jamie Dimon
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18hon MSN
Jamie Dimon backs Fed Chair Powell amid DOJ probe: 'Everyone we know believes in Fed independence'
JPMorgan CEO Jamie Dimon is the latest top voice in the banking world to lend his support to embattled Fed Chair Jerome Powell.
Jamie Dimon defended Powell, saying, "anything that chips away” at the central bank’s independence “is not a good idea."
15hon MSN
Wall Street advierte a Trump: Deje de atacar a la Fed y a la industria de tarjetas de crédito
Hasta esta semana, Wall Street se ha beneficiado generalmente de las políticas de la administración Trump y ha apoyado al presidente.
JPMorgan Chase reported lower fourth-quarter profits Tuesday as CEO Jamie Dimon endorsed Federal Reserve independence and offered an upbeat reading on the US economy.
JPMorgan CEO Jamie Dimon isn’t known for making bold price calls. Yet, Dimon made punchy claims during an interview at Fortune’s Most Powerful Women conference in Washington when asked whether he thought gold was overvalued or undervalued.
"Any nominee from U.S. President Trump is likely to have to place additional emphasis on their independence to try and prove they are above politics."