In an interview with Bloomberg TV on Wednesday, the JP Morgan Chief Executive Officer (CEO) Jamie Dimon offered his take on a potential US-China trade deal.
Key Quotes:
“Better for Federal Reserve to ditch forecasts on rates.
US 10-year yield at 2.5% is ‘extraordinarily low’.
Nothing wrong with wait and see for the Fed: hit to world growth if US-China talks go really south.
Would rather not do trade deal than have a bad deal.
Sees 80% chance of US-China trade deal being done.”
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