Jamie Dimon urges Fed not to cut rates in June: 'If I were them, I would wait'

) CEO Jamie Dimon said he doesn’t think the Federal Reserve should begin lowering interest rates by June and should instead wait for more clarity.

"You can always cut it quickly and dramatically," Dimon said. "Their credibility is a little bit at stake here. I would even wait past June and let it all sort it out.""I suspect that they may not be done," he said during that November interview. Dimon said Monday he wouldn't take a recession "off the table" and pointed to the prices of bitcoin , gold, and certain credit securities all as signs of bubbles forming in financial markets and more reason for the Fed to hold off."I think that the amount of fiscal stimulus in the world has been extraordinary. The amount of quantitative easing has been extraordinary. It’s kind of like a drug passing through the system," Dimon said.

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