Trump Shreds Fed Chair Jerome Powell
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Jamie Dimon recently shared the investment philosophy that has been the cornerstone of his successful career: "Don't blow up."
Bank puts $50 billion toward lending to riskier companies to compete with nonbank giants dominating market; Walgreens deal the payoff.
President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to protect portfolios against the risk of higher inflation, as a central bank more willing to lower interest rates could fuel price rises and make lenders demand higher compensation to hold bonds.
Federal Reserve Governor Christopher Waller made a clear call for an interest rate cut at the Fed's July meeting, citing signs of weakness in the labor market. Brian Jacobsen, chief economist and strategist at Annex Wealth Management,
JPMorgan CEO Jamie Dimon sent a message to US President Donald Trump at earnings call of America's biggest bank. He warned that tariffs imposed by Trump could pose “significant risks” to the US economy.
JPMorgan Chase CEO Jamie Dimon defended the Federal Reserve's independence amidst President Trump's pressure for rate cuts, cautioning against policy interference. Dimon highlighted potential adverse consequences of meddling with the central bank.
JPMorgan CEO Jamie Dimon hit back at allies of President Trump on Tuesday, warning that the independence of the Federal Reserve is “absolutely critical” amid a move by GOP bigwigs to force under-fire Chair Jerome Powell to resign.
JP Morgan CEO Jamie Dimon has raised a red flag about the potential underestimation of the risk of higher U.S. interest rates by the financial markets.