In recent interviews, JPMorgan Chase (JPM) CEO Jamie Dimon believes a hard-landing scenario for the US economy is still possible while Goldman Sachs (GS) CEO David Solomon expects the Federal Reserve will keep interest rates higher for even longer based on AI efficiencies.
Yahoo Finance’s The Morning Brief report on these Big Bank reactions after the release of May’s FOMC meeting minutes and what these comments say about overall confidence for the Fed’s 2% inflation target
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