Inflation Watch: Why Jim Cramer Is Betting on the Federal Reserve

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Jamie Dimon, CEO of JPMorgan Chase, warned at a virtual Morgan Stanley conference that the bank was holding cash because of concerns that inflation will be more than transitory.

“We have a lot of cash and capability and we’re going to be very patient because I think you have a very good chance inflation will be more than transitory,” Dimon said.

Jim Cramer, however, disagrees with Dimon's assesment.

Recap TheStreet Live: Everything Jim Cramer Is Watching 6/15/21

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