Jamie Dimon's Insights on Banking Crisis and Climate Policy.

JPMorgan Chase CEO Jamie Dimon believes that the banking crisis is likely over, even if the Federal Reserve doesn't cut rates. He stated that the issues that led to the collapse of Silicon Valley Bank were "hiding in plain sight" and should have been spotted by the bank's management. Dimon acknowledged that the very public failure of multiple banks will lead to tighter credit conditions, meaning fewer loans for businesses and consumers, and he argued that amounts to yet another "storm cloud" for the economy, increasing the odds of a recession.