After the Federal Reserve significantly cut interest rates, Morgan Stanley CEO poured cold water: skeptical about the prospects of a "soft landing"

Jamie Dimon, CEO of JPMorgan Chase, expressed skepticism about whether the US economy can achieve a "soft landing" after the first rate cut by the Federal Reserve. He believes that inflation will not easily disappear and warns that US inflation may be more challenging than expected. Dimon pointed out that the rate cut has almost no impact on the presidential election and suggested that the future may face higher interest rates and inflation