Bitcoin Plunges More Than 6% From Early Wednesday High

Speaking with CNBC Wednesday, JPMorgan CEO didn’t sound so sure that the U.S. Federal Reserve would be successful in returning inflation to its 2% target. Worrying him on inflation are things like deficit spending, “remilitarization,” and the green economy shift. Of what appears to be an imminent Fed rate cut, Dimon says it’s likely coming, but he doesn’t expect it to have much effect.