JPMorgan CEO Doubts Economic Soft Landing After Fed Rate Cut

According to BlockBeats, on September 21, JPMorgan Chase CEO Jamie Dimon expressed skepticism about the possibility of an economic soft landing following the Federal Reserve's first interest rate cut in over four years. Speaking at the Atlantic Festival in Washington on Friday, Dimon stated, 'I am more skeptical than others. I think the likelihood of a soft landing is lower. I certainly hope a soft landing can be achieved, but I am more doubtful about whether inflation will disappear so easily. It's not because it hasn't decreased, but whether it can decrease further.'