Jamie Dimon warning Trump over his attacks on Powell, says it will have ‘reverse consequences.’ Shield your money now

The Fed, tasked with maximizing employment and keeping prices stable, lowered its benchmark rate three times in 2025. And while headline inflation has cooled from its 2022 peak, the central bank noted in December that “inflation has moved up since earlier in the year and remains somewhat elevated (5).”“We should have lower rates,” Trump added. “Jamie Dimon probably wants higher rates, maybe he makes more money that way.”On Jan. 13, he told reporters that Dimon “is wrong” and insisted that “it’s fine what I’ ...