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  • Jamie Dimon says the Fed's bond-buying pullback is an unprecedented headwind for markets - and no one know what its effects will be

    1 month ago - By Business Insider

    Jamie Dimon said the US economy remains strong. Chip Somodevilla/Getty Images
    Jamie Dimon said the Fed's planned cuts to its bond holdings are a headwind markets "have never seen before."
    The JPMorgan CEO said it's highly uncertain what the effects of the so-called quantitative tightening will be.
    The Fed tried QT in 2018, but it reversed policy course within a year as markets volatility spiked.
    Jamie Dimon has said the Federal Reserve's plan to reduce its bond holdings is a countervailing force against the economy, the likes of which investors have "never seen before" - and added that the...
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