JPMorgan Chase chief executive officer Jamie Dimon said on Friday, September 20, that he through the prism of skeptical perception, evaluates the prospects that a soft landing scenario will be implemented in the space of the economic system of the United States.
The head of the largest US financial institution noted that he is more skeptical than other people in the context of attitude to the mentioned perspectives. Jamie Dimon made the corresponding statement during The Atlantic Festival.
The head of the largest financial institution in the United States also noted that although inflation has already decreased, its downward trajectory may continue. According to him, the implementation of the corresponding scenario is unlikely to go away easily.
It is worth noting that for more than a year Jamie Dimon has been talking about the high likelihood that inflation in the United States will turn out to be more stable compared to the most common expectations regarding the dynamic of the corresponding indicator. He explains this point of view by many factors, among which the main ones are the remilitarization of the world and the spending deficit.
Skeptical comments by the head of the largest financial institution in the United States about the prospects of the country’s economic system were made two days after Fed officials decided to begin easing monetary policy and cut the benchmark interest rate by one-half percentage point.
Jamie Dimon on Friday also said that potential negative scenarios in the space of the United States economy will be overcome and noted that in this case there is no reason to talk about a disaster.
