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JPMorgan CEO Jamie Dimon: Central banks have been 'dead wrong'

Posted on AllSides October 24th, 2023
From The Right
Marco Bello/Bloomberg via Getty Images / Getty Images

JPMorgan Chase CEO Jamie Dimon on Tuesday warned against relying on the economic forecasts of central banks like the Federal Reserve, recalling how their projections were "100% dead wrong" in the not-so-distant past.

"Prepare for possibilities and probabilities, not calling one course of action, since I've never seen anyone call it," Dimon said during a panel discussion at the Future Investment Initiative (FII) conference in Saudi Arabia, per CNBC.

"I want to point out the central banks 18 months ago were 100% dead wrong," he continued, according to the outlet....

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