Jamie Dimon sounds alarm on rising US debt having 'potentially disastrous outcomes'

Summary by Ground News

JPMorgan Chase CEO Jamie Dimon weighed in on fiscal policy under a new Congress and voiced concerns around rising debt’s macroeconomic impact in an exclusive four-part interview that aired on "Mornings with Maria" Tuesday.

Published 3 months ago · New York, United States

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Reuters

JPMorgan's Dimon says U.S. consumer health in good shape

JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said the American consumer was still strong in the face of heightened economic uncertainties, in an interview with Fox Business published on Tuesday.

3 months ago·United Kingdom

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The Hill

JP Morgan Chase CEO says Fed rate hikes might need to exceed expectations

JP Morgan Chase CEO Jamie Dimon said the Federal Reserve may need to raise interest rates this year beyond what it is expected to get inflation under control. Dimon told Fox News’s Maria Bartiromo in an interview on her Fox Business show, “Mornings with Maria,” on Monday that he supports the Fed slowing down its…

3 months ago·Washington, United States

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Bloomberg

Jamie Dimon Says Fed May Need to Hike Interest Rates Beyond 5%

Jamie Dimon said the Federal Reserve’s rate hikes might need to go beyond what’s currently expected, but he’s in favor of a pause to see the full impact of last year’s increases.

3 months ago·United States

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Business Insider

Jamie Dimon says the Fed may need to hike interest rates much higher than markets expect in order to get inflation under control

The Fed may have to kick up rates to 6%, but a decision to pause on the way looks prudent, JPMorgan's CEO told Fox Business.

3 months ago·United States

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MarketWatch

JPMorgan Chase CEO Jamie Dimon sticks to hiring plans and dials back prediction of economic ‘hurricane’

CEO lambastes FTX as a 'decentralized Ponzi scheme' and says JPMorgan continues to add staff as it opens more branches around the globe.

3 months ago·United States

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Wall Street Journal

Jamie Dimon: Fed May Need To Go to 6%

JPMorgan Chief Executive Jamie Dimon said Tuesday that the Federal Reserve may need to raise interest rates to 6% to fight inflation, which would be higher than most are expecting this year. The Fed raised its benchmark short-term interest rate aggressively last year, from near zero in March to jus

3 months ago·New York, United States

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