Negative
25Serious
Neutral
Optimistic
Positive
- Total News Sources
- 1
- Left
- 0
- Center
- 0
- Right
- 1
- Unrated
- 0
- Last Updated
- 5 hours ago
- Bias Distribution
- 100% Right
JPMorgan CEO Warns Market Complacent on US-EU Tariffs, Interest Rates
JPMorgan Chase CEO Jamie Dimon has warned that financial markets are too complacent regarding the tariff policies and trade uncertainty under President Donald Trump's administration. Speaking at an event in Dublin, Dimon emphasized the need for a U.S.-EU tariff framework to be finalized, noting the EU's competitiveness challenges and the importance of maintaining strong transatlantic ties. Dimon expressed concern that the markets are underestimating the likelihood of the Federal Reserve raising interest rates, pricing it at a 20% chance, while he believes it is closer to 40-50%. He cited tariffs, U.S. immigration policies, and the budget deficit as inflationary pressures, alongside global trade restructuring and demographic changes. Despite Trump's public pressure on Fed Chair Jerome Powell to cut rates, Dimon highlighted the risk of inflation and warned that trade wars could slow growth and possibly lead to recession. Other financial leaders have echoed concerns about the economic impact of tariffs, with fears of prolonged market declines and economic turbulence.

- Total News Sources
- 1
- Left
- 0
- Center
- 0
- Right
- 1
- Unrated
- 0
- Last Updated
- 5 hours ago
- Bias Distribution
- 100% Right
Negative
25Serious
Neutral
Optimistic
Positive
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