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Dimon warns attacks on Powell could backfire, drive up interest rates

by LJ News Opinions
January 14, 2026
in Business
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JPMorgan Chase CEO Jamie Dimon said the Department of Justice (DOJ) probe into Federal Reserve Chair Jerome Powell could result in increased inflation and interest rates. Speaking to reporters on the call for his company’s fourth-quarter results, Dimon said “anything that chips away” at the independence of the central bank “is probably not a good…

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