JPMorgan Chase CEO: Supports the Federal Reserve’s interest rate cut later this year and will defend people’s right to buy Bitcoin

BlockBeats news, on March 12, JPMorgan Chase CEO Jamie Dimon said when attending the Australian Financial Review Business Summit in Sydney, “I defend people’s right to smoke, and I will also defend people’s right to buy Bitcoin, but I will not buy Bitcoin myself. currency". When it comes to cutting interest rates, Jamie Dimon expressed support for the Fed waiting until later this year to implement a rate cut cycle. "The Fed's credibility is under some threat, and I personally believe that an interest rate cut will come after June. Any decision should be based on data. Inflation may be stickier than expected, and interest rates may remain at a higher level for a longer period of time."