Jamie Dimon Sounds Alarm on Economy Amid Inflation and Fed Tightening JPMorgan Chase CEO Jamie Dimon issued a warning about looming threats to the economy, citing persistent inflation, global conflicts, and the Federal Reserve’s tightening policies. Dimon’s concerns come amidst ongoing worries about inflation, which has remained consistently higher than expected and above the Fed’s 2% target. As a result, market expectations for interest rate cuts have significantly decreased, with forecasts now anticipating only one or two cuts totaling at most half a percentage point, compared to earlier expectations of up to seven cuts. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Eyes Second Weekly Gain Amid U.S. Rate-Cut Hopes READ MORE Swiss Gold Exports Drop in April Amid Reduced Shipments to China READ MORE Energy Prices Climb Following Strong Week for Oil READ MORE World Gold Council Survey: 29% of Central Banks to Increase Gold Holdings in 2024 READ MORE Defying Conventional Thinking: Gold Gains Against Rising Rates and a Robust Dollar READ MORE Add a Comment Cancel replyYour email address will not be published.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