Jamie Dimon: Premature Rate Cuts Could Trigger Inflation Rebound Jamie Dimon, CEO of JPMorgan Chase, has advised the Federal Reserve to hold off on cutting interest rates, expressing concerns that inflation could resurge. Dimon’s stance contrasts with the Fed’s current trajectory, which suggests a potential rate cut in September 2024. Dimon believes that while inflation has been decreasing, the risk of it rising again remains significant, and premature rate cuts could destabilize the economy. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold's Long-Term Strength Predicted to Persist READ MORE Druckenmiller Makes Bet on Gold Miners READ MORE July PCE Data Reinforces Powell's Stance on Potential Rate Cuts READ MORE ZeroHedge: Arizona Joins BRICS, Druckenmiller Buys Barrick READ MORE US Housing Market Shows Life, Yet Overvaluation Clouds Recovery, Fitch Reports READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment