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20/05/2025
UBS CEO: The next infrastructure we need from the government is digital infrastructure.
Latest
10 m ago
Dallas Fed President Logan: The Fed should strengthen its interest rate control mechanisms.
13 m ago
JPMorgan Chase CEO Jamie Dimon warns against complacency, saying that risks continue to rise.
13 m ago
Jamie Dimon, CEO of JPMorgan Chase, warned that current risks should not be taken lightly. He mentioned issues such as inflation, credit spreads, and geopolitics. Dimon stated that the possibility of higher inflation and stagnation is greater than people imagine, warning that asset prices in the United States are still very high and that credit spreads have not reflected the potential downturn. "Credit risks are now high," he said at JPMorgan's investor day on Monday. "Those who have not experienced a severe downturn are not aware of what may happen in the credit market." "People feel good because they haven't seen the impact of tariffs," Dimon said. "The market falls 10% and then rebounds 10%; I think this shows extreme complacency."
14 m ago
International oil prices rose on the 19th.
20 m ago
Sources said that the US Treasury Department is not expected to announce any trade agreements during this week's G7 finance ministers' meeting in Canada.
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