UPDATE 1-Fed does the ‘right thing’ in supporting repo market -JPMorgan’s Dimon
JPMorgan Chase & Co
Chief Executive Jamie Dimon credited the U.S. Federal Reserve on
Wednesday with doing the “right thing” in supporting the
overnight funding needs of banks after borrowing costs suddenly
spiked on Monday.
Chief Executive Jamie Dimon credited the U.S. Federal Reserve on
Wednesday with doing the “right thing” in supporting the
overnight funding needs of banks after borrowing costs suddenly
spiked on Monday.
Posted by Reuters
