JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that 'playing around with the Fed can often have adverse consequences.'

(Reuters) -JPMorgan Chase CEO Jamie Dimon has maintained a cautious stance on the U.S. economy for several quarters now and said on Tuesday accurate forecasts are a challenge because key shifts are apparent only in hindsight.

Jamie Dimon, JPMorgan Chase's CEO, cautioned President Trump on the risks of tariffs to the US economy during the bank's earnings call. He stressed the importance of the Federal Reserve's independence,

JPMorgan CEO Jamie Dimon sent a message to US President Donald Trump at earnings call of America's biggest bank. He warned that tariffs imposed by Trump could pose “significant risks” to the US economy.

The C.E.O. of JPMorgan Chase, who has rarely taken on President Trump during his second term, wades into the argument over the Federal Reserve chair.

JPMorgan Chase Chief Executive Jamie Dimon, the most influential banker in the U.S., said in a statement Tuesday that the country’s economy “remained resilient” during the second quarter. “The finalization of tax reform and potential deregulation are positive for the economic outlook,

JPMorgan Chase CEO Jamie Dimon has maintained a cautious stance on the U.S. economy for several quarters now and said on Tuesday accurate forecasts are a challenge because key shifts are apparent only in hindsight.

The bank leader joins billionaire investor Bill Ackman and other Wall Street titans with his anti-Mamdani stance.