2 ms·
The title of the article is a bit misleading since it seems to imply (to me at least) that Dimon is blaming the Fed for doing something unreasonable. But in the
by sparrc 4y ago
The title of the article is a bit misleading since it seems to imply (to me at least) that Dimon is blaming the Fed for doing something unreasonable. But in the article he actually says that the Fed (and other central banks) have to do this as the current best course of action:
> Central banks “don’t have a choice because there’s too much liquidity in the system,” Dimon said, referring to the tightening actions. “They have to remove some of the liquidity to stop the speculation, reduce home prices and stuff like that.”
edit: also OP left "and Ukraine war" out of the title...