While the first interest rate adjustment is expected to take place this week, JPMorgan CEO Jamie Dimon said that the United States economy is not “out of the woods” yet.

They need to do it,” Dimon said on Tuesday.

Jamie Dimon is one big Wall Street figure who isn't that concerned about what the Federal Reserve does at the end of its policy meeting Wednesday. Whether the central bank cuts its benchmark rate by a smaller 25 basis points or a bigger 50 basis points,

Dimon said last month that he doesn’t “think it matters as much as other people think,” citing ongoing economic uncertainty and inflationary pressures. He’s been warning f