JPMorgan Chase CEO: skeptical about soft landing of US economy after rate cut

BlockBeats news, on September 21, JPMorgan Chase CEO Jamie Dimon said that after the Federal Reserve cut interest rates for the first time in more than four years, he was still skeptical about a soft landing of the economy.

He said at the Atlantic Festival event held in Washington on Friday, "I am more skeptical than others. I think the possibility of a soft landing is low. I certainly hope that a soft landing can really be achieved, but I am more skeptical that inflation will disappear so easily, not because it has not fallen, but whether it can fall further." (Jinshi)