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JPMorgan CEO: 50 basis point rate cut not as important as people think

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2024-08-07 19:09:21
Dimon, CEO of JPMorgan Chase, expressed hope that the United States can achieve a soft landing; slightly questioned the prospect of "US inflation returning to 2%"; the 50 basis point Federal Reserve rate cut is not as important as people think; the United States is not currently in recession; will not leave the company for the time being.
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