JPMorgan’s Dimon urges Federal Reserve to wait past June before cutting rates
JPMORGAN Chase CEO Jamie Dimon on Tuesday urged the Federal Reserve to wait past June before cutting interest rates, arguing the central bank needs to shore up its inflation-fighting credibility.
“I think they have to be data-dependent. If I were them, I would wait,” Dimon said at the Australian Financial Review business summit via a livestream from New York.
» Read more about: JPMorgan’s Dimon urges Federal Reserve to wait past June before cutting rates »