JPMorgan CEO Jamie Dimon Skeptical of Soft Landing Despite Fed Rate Cuts

COINOTAG News reported on September 21 that JPMorgan Chase CEO Jamie Dimon expressed his ongoing skepticism about a soft landing for the economy following the Federal Reserve’s recent decision to cut interest rates for the first time in over four years. Speaking at the Atlantic Festival in Washington, Dimon stated, “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.” Dimon’s comments reflect a cautious outlook on the economic impact of monetary policy adjustments.