JPMorgan CEO: It's hard to cut interest rates before inflation decreases, and I'm not worried about the threat of stablecoins

ChainCatcher news, JPMorgan CEO Jamie Dimon stated on Monday that it is difficult for the Federal Reserve to further cut interest rates while inflation remains at 3%. He believes there are still upward risks to inflation, and the market's expectations for multiple rate cuts may be overly optimistic.

Regarding the topic of stablecoins, Dimon said he is "not particularly worried," but emphasized that the banking industry needs to closely monitor and understand this area. He also revealed that JPMorgan is considering forming an alliance with other banks to issue stablecoins.