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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...
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Economy Market Markets MI Exclusive Jamie Dimon JPMorgan Federal Reserve Quantitative tightening QT Balance sheet reduction Bonds Inflation US Economy and MarketsPersonal Income and Outlays, May 2022
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