JPMorgan Chase CEO Jamie Dimon once again cited global instability as a reason why inflation may not yet be under control, saying that geopolitics is "getting worse."
Most of Wall Street is on edge as the Fed weighs a bigger or smaller rate cut, but the boss of the biggest US bank said either result won't be "earth-shattering."
Investors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.