Business > Economy

Jamie Dimon says the Fed's bond-buying pullback is an unprecedented headwind for markets - and no one know what its effects will be

1 month ago   |   By Business Insider

Jamie Dimon said the US economy remains strong. Chip Somodevilla/Getty Images
Jamie Dimon said the Fed's planned cuts to its bond holdings are a headwind markets "have never seen before."
The JPMorgan CEO said it's highly uncertain what the effects of the so-called quantitative tightening will be.
The Fed tried QT in 2018, but it reversed policy course within a year as markets volatility spiked.
Jamie Dimon has said the Federal Reserve's plan to reduce its bond holdings is a countervailing force against the economy, the likes of which investors have "never seen before" - and added that the...
Read more ...

 


Search by Tags

   Economy      Market      Markets      MI Exclusive      Jamie Dimon      JPMorgan      Federal Reserve      Quantitative tightening      QT      Balance sheet reduction      Bonds      Inflation      US Economy and Markets  


Kang Daniel Shares Seoul Concert Dates & Hopes For World Tour: ‘There Are...

Following the release of Kang Daniel's first full-length album this past may May, the singer-actor-CEO is making sure all of his follow-up projects are just as major including... Read more ...

Editorial: Congress must act to cap insulin prices

Few issues within America's dysfunctional health care system are more pressing than the astronomical price of insulin - access to which is, for millions of Americans, literally... Read more ...

Today's Wordle 380 Hint And Answer - Monday July 4th

Here's today's Wordle 380 answer plus a helpful hint for a very special 4th of July word of the day. Read more ...

Holiday weekend flights delayed at Harry Reid International Airport

Harry Reid International Airport on Sunday reported 251 delayed flights and four cancellations, according to a flight tracking company. Read more ...

Former GOP House aide says Trump is likely to announce his 2024 presidential...

Former President Donald Trump speaks to supporters at a rally on April 2. Scott Olson/Getty Images Kurt Bardella, a former House GOP staffer, says Trump is likely to announce... Read more ...

Sunday, July 3. Russia's War On Ukraine: News And Information From Ukraine

Dispatches from Ukraine, provided by Forbes Ukraine's editorial team. Read more ...

Argentina has new economy minister after abrupt resignation

Argentina has a new economy minister just a day after the abrupt resignation of her predecessor shook the governing coalition at a time it was already having a crisis of unity Read more ...

Warren Buffett-Backed BYD's EV Sales More Than Tripled In June

BYD's HK-traded shares have gained 35% in the past year, giving it a market value worth more than GM and Ford combined Read more ...

Kyrie Irving Trade Becomes Worth It If Los Angeles Lakers Can Unload Russell...

The Los Angeles Lakers can find a reasonable way out of their Russell Westbrook problem after all. Read more ...

Get all the healthcare coverage you need with the Digital Health Briefing...

Healthcare has finally begun to embrace digital transformation after years as a stubborn holdout. The coronavirus pandemic has only accelerated adoption of technologies such as... Read more ...