Interest Rate Cuts Won’t Impact Election, JPMorgan Chief Dimon Says
Trump has accused the Fed of “playing politics” by making a jumbo rate cut ahead of the election, but Jamie Dimon, the billionaire head of the nation’s largest bank, thinks a small fraction of Americans even know the cut happened.
Representing the half-point cut camp, JP Morgan Chase chief economist Michael Feroli said the relatively larger move would be the "right" thing to do. In a note to clients, Feroli said that the Fed ...
David Kelly, JPMorgan Asset Management chief global strategist; Claudia Sahm, New Century chief economist; and Jim Caron, CIO ...
US Fed rate cuts: Wall Street giants JPMorgan and Goldman Sachs reports a 25 bps cut, with Gold and Bitcoin expected to dip.
The Federal Reserve granted the market its wish and lowered its benchmark federal funds rate by 50 basis points.
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...
Most of Wall Street is on edge as the Fed weighs a bigger or smaller rate cut, but the boss of the biggest US bank said ...
While the first interest rate adjustment is expected to take place this week, JPMorgan CEO Jamie Dimon said that the United ...
Felise Agranoff, a portfolio manager within the US equity group at JPMorgan, was surprised by the bigger cut. “But what it ...
JPMorgan Chase & Co., the one Wall Street titan whose economists correctly called the Federal Reserve’s half-point ...
The problem with interest rate cuts. The Fed's interest rate cuts have the potential to be great news for consumers. When the ...
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