Jamie Dimon, CEO of JPMorgan Chase Financial institution, stated Fitch’s downgrade of the US credit standing shouldn’t be too worrying about how buyers view the nation’s debt reimbursement capability.
In an interview on CNBC on Wednesday, of his annual bus tour of the native associates, Dimon stated america is dwelling to “the very best economic system the world has ever seen” and that the rankings company’s choice would not change that.
Dimon stated of the world’s religion within the soundness of US Treasurys: “It would not matter a lot. Markets determine. It isn’t the ranking businesses. Credit score is sound, it ought to be the very best credit standing on this planet.”
