JPMorgan CEO Dimon: Everyone I know believes in the independence of the Federal Reserve

Odaily Planet Daily News reports that JPMorgan Chase CEO Jamie Dimon stated, “Everyone we know believes in the independence of the Federal Reserve, although there are still some potential risks. The US economy remains resilient overall.” Dimon pointed out, “Although the labor market has slowed, the overall situation does not seem to have worsened. Meanwhile, consumers continue to spend, and businesses generally remain healthy.” He said this trend might continue for some time, especially with ongoing fiscal stimulus, the easing of regulations, and recent support from the Federal Reserve’s monetary policy. However, Dimon remains cautious: “We remain highly vigilant, and the market seems to underestimate potential risks—including complex geopolitical situations, stubborn inflation risks, and high asset prices.” (Gold Ten)