
JPMorgan Chase CEO Jamie Dimon urged the U.S. once again to reduce its national deficit, warning it will become “far more uncomfortable” if financial markets force the government’s hand.
“Any country can borrow money and drive some growth, but that may not always lead to good growth,” Dimon said Wednesday in an interview with Sky News, adding, “I think America should be quite aware that we have got to focus on our fiscal deficit issues a little bit more, and that is important for the world.”