Reported 3 days ago
In a recent appearance on Fox Business, JPMorgan Chase CEO Jamie Dimon highlighted the potential dangers posed by the rising U.S. national debt, warning it could lead to turmoil in the bond market, widening credit spreads, and negatively impacting small businesses and loans. He expressed concern that if confidence in the U.S. dollar wanes, it could further exacerbate these issues, emphasizing the need to monitor volatility in the bond markets amidst changing economic policies.
Source: YAHOO