JPMorgan's Dimon says economy can "boom" if fiscal issues solved
Nov 9 (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon said on Friday that federal government budget problems are holding back the power of the U.S. economy.
"If we solve both the short-run fiscal cliff and the longer-run fiscal issues, I personally think if we do that, the economy can boom," Dimon said in a CNBC television interview.
JPMorgan, with $2.32 trillion in assets, is largest U.S.-based bank.
- Israel warns of long Gaza war as Palestinian fighters cross border |
- West agrees wider Russia sanctions as Kiev says forces near crash site |
- Court orders Russia to pay $50 billion for seizing Yukos assets |
- Man found dead trapped between elevator and shaft wall in NYC
- Wall Street yawns as deal news offsets data; Herbalife sinks