Jamie Dimon has signalled support for former Federal Reserve governor Kevin Warsh to be the US central bank chair, while also telling Wall Street executives that Kevin Hassett is likelier to back Donald Trump’s call for rate cuts.
The JPMorgan chief executive told the bank’s private conference for asset management CEOs in New York on Thursday evening that he agreed with Warsh’s writings on the Fed, people familiar with the matter said.
Dimon, one of the most influential voices on Wall Street, also said that Hassett was more likely to cut interest rates in the short term were he to be Fed chair, the people said.
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