JPMorgan CEO Highlights U.S. Economic Resilience Amid Potential Risks

According to Odaily, JPMorgan CEO Jamie Dimon has expressed confidence in the Federal Reserve's independence, noting that despite some underlying risks, the U.S. economy remains resilient. Dimon observed that while the labor market has slowed, overall conditions have not deteriorated. Consumers continue to spend, and businesses generally remain healthy. He suggested that this trend might persist for some time, supported by ongoing fiscal stimulus, deregulation benefits, and recent monetary policy from the Federal Reserve. However, Dimon maintains a cautious stance, emphasizing vigilance as the market seems to underestimate potential risks, including complex geopolitical situations, persistent inflation threats, and elevated asset prices.