‘JPMorgan CEO Jamie Dimon Criticizes Fitch’s ‘Ridiculous’ U.S. Downgrade Decision’
In an exclusive interview with CNBC, JPMorgan Chase CEO Jamie Dimon dismissed the significance of the recent Fitch Ratings downgrade of the United States’ long-term credit rating. Dimon stated that the downgrade does not have much impact as borrowing costs are determined by the market, not rating agencies. However, Dimon criticized the fact that other …