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JPMorgan’s Dimon urges US Fed to wait past June before cutting rates

By Inquirer - 9 months ago
SYDNEY – JPMorgan Chase CEO Jamie Dimon on Tuesday urged the Federal Reserve to wait until after June before cutting interest rates, arguing the central bank needs to shore up its inflation-fighting credibility. “I think they have to be data-dependent. If I were them, I would wait,” Dimon said at the Australian Financial Review business

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