Jerome Powell held calls with the CEOs of JPMorgan and Citigroup the day after the Fed cut rates for the first time since 2008

Powell spoke with JPMorgan's Jamie Dimon for seven minutes and Citigroup's Michael Corbat for 15 minutes on the morning of August 1.

Federal Reserve Chairman Jerome Powell held phone calls with top Wall Street executives at the start of August. That came a day after the central bank cut interest rates for the first time since the global financial crisis. Powell spoke with JPMorgan's Jamie Dimon for seven minutes and Citigroup's Michael Corbat for 15 minutes on the morning of August 1, according to his public schedule. Visit Business Insider's homepage for more stories.

Federal Reserve Chairman Jerome Powell held phone calls with top Wall Street executives at the start of August. That came a day after the central bank cut interest rates for the first time since the global financial crisis. Powell spoke with JPMorgan's Jamie Dimon for seven minutes and Citigroup's Michael Corbat for 15 minutes on the morning of August 1, according to his public schedule. Visit Business Insider's homepage for more stories.

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