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,

The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.”

JPMorgan Chase CEO Jamie Dimon said Thursday he thought the financial market was underestimating the possibility of US interest rates climbing higher, a prospect he described as a “cause for concern.” The Federal Reserve last month voted unanimously to leave rates unchanged.

JPMorgan Chase CEO Jamie Dimon defended the Federal Reserve's independence amidst President Trump's pressure for rate cuts, cautioning against policy interference. Dimon highlighted potential adverse consequences of meddling with the central bank.

The JPMorgan Chase chief has long been skeptical of the nontraditional, and less regulated, lending business. Now he thinks its best days may be over.

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.'