Thursday, June 2, 2022

Jamie Dimon says ‘brace yourself’ for an economic hurricane caused by the Fed and Ukraine war

There are two main factors that has Dimon worried: First, the Federal Reserve has signaled it will reverse its emergency bond-buying programs and shrink its balance sheet. The so-called quantitative tightening, or QT, is scheduled to begin this month and will ramp up to $95 billion a month in reduced bond holdings...


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