According to BlockBeats, on September 21, JPMorgan Chase CEO Jamie Dimon said that he remained skeptical about a soft landing for the economy after the Federal Reserve cut interest rates for the first time in more than four years.
“I am more skeptical than others. I think a soft landing is less likely. I certainly hope that a soft landing can 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,” he said at the Atlantic Festival event in Washington on Friday.