Dimon Says He's Skeptical Inflation Will Return to Fed's 2% Target

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JPMorgan Chase & Co.JPMorgan Chase & Co.

He also declined to say whether he’d consider serving in a cabinet position for the next administration, instead responding, “I love what I do.

Such concerns were underscored Friday when the July jobs data showed slower hiring and an unexpected climb in the unemployment rate.

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Category: BusinessFinance

Markets: India

Topics: Banking sector JPMorgan Inflation United states

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 23:12:29 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 361 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 21989982

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