JPMorgan CEO Dimon: skeptical of a soft landing for the US economy after interest rate cuts

On September 21st, Jinshi data, JP Morgan CEO Damon said that after the Federal Reserve cut interest rates for the first time in more than four years, he still has doubts about the soft landing of the economy. He said at the Atlantic Festival event in Washington on Friday, ‘I am more skeptical than others, and I think the possibility of a soft landing is low. Of course I hope that a soft landing can really be achieved, but I am more doubtful whether inflation will disappear so easily, not because it has not dropped, but whether it can drop more.’

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