Jamie Dimon backs Fed’s ‘wait-and-see’ rate cut strategy despite Trump’s criticism of ‘Too Late Powell’

fortune.com/2025/05/22/jamie-dimon-powell-rate-strategy-caution-national-debt

JPMorgan CEO Jamie Dimon supports Jerome Powell’s cautious approach to interest rate cuts amid economic uncertainty, despite criticism from President Trump, who has labeled him “Too Late Powell.” Dimon warns that while the economy appears stable now, future risks—like rising debt,…

This story appeared on fortune.com, 2025-05-22 11:01:50.
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