JPMorgan CEO Jamie Dimon was speaking at a conference on Tuesday. I didn't hear a specific 25 or 50 from him, but he did say that the cut is “not going to be earth-shattering.”
I guess that's a tip for 25? Although 50 ain't gonna shatter the earth either come to think of it.
More on the cut:
- “it’s a minor thing”
- “People overly focus on, ‘are we going to have a soft landing, a hard landing? Honestly, most of us have been through all that stuff, it doesn’t matter as much.”
Dimon says his big concerns right now are eopolitical issues
- Ukraine
- the Middle East
- US relationship with China