Dimon, Trump and Fed
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Jamie Dimon, JPMorgan Chase's CEO, cautioned President Trump on the risks of tariffs to the US economy during the bank's earnings call. He stressed the importance of the Federal Reserve's independence,
Many on Wall Street have privately worried that political pressure will undermine the Federal Reserve’s credibility.
JPMorgan CEO Jamie Dimon warned that President Trump’s trade policies pose “significant risks” to the US economy — even as the bank announced second quarter profits that were once again boosted by
JPMorgan CEO Jamie Dimon sent a message to US President Donald Trump at earnings call of America's biggest bank. He warned that tariffs imposed by Trump could pose “significant risks” to the US economy.
Amidst Trump administration pressure and speculation, Congresswoman Luna claims Federal Reserve Chair Jerome Powell's dismissal is imminent. Treasury
The Consumer Price Index (CPI) for June came in hotter than May's report as the first signs of Trump's tariffs appeared in the economic data. Excluding volatile food and energy prices, consumer prices rose 2.9% year over year compared to a 2.8% increase in May. Results were in line with economists' forecasts.