Dimon Defends Fed Independence
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JPMorgan Chase CEO Jamie Dimon said on Tuesday the independence of the Federal Reserve is "absolutely critical".
President Donald Trump has said it is "highly unlikely" he will fire the head of the US central bank, hours after asking lawmakers whether he should sack Jerome Powell. Stock markets and the dollar slipped following reports Trump had broached the idea with Republicans on Tuesday but quickly bounced back after he downplayed the discussions.