JPMorgan Chase CEO Dimon: A 50 basis point rate cut by the Fed may be the right choice
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Odaily Odaily News: JPMorgan Chase CEO Jamie Dimon is cautious about whether the US economy will achieve a soft landing and said the Fed's interest rate cut is the right thing to do. He said: "A 50 basis point interest rate cut may be the right choice. But Dimon expressed doubts about the US economy and its market pricing. He said: "I am a long-term optimist, but in the short term, I am more skeptical of those who say everything will be fine. Market pricing suggests that everything will be fine. Let me stand on the side of caution." (Jinshi)
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