No one can forecast the economy with certainty.

Not every company went bankrupt. Not every bank needed TARP [Troubled Asset Relief Program]. So I'm very proud that JPMorgan, throughout that time period, was completely steadfast. We bought Bear Stearns because we thought we were helping the situation. We didn't cut and run.

[That is] hard to predict, [it] could be either September or December [2016] I personally think the sooner the better because that would be a good sign that the Fed believes the economy is significantly stronger.

You know, the benefit in life is to say, 'Maybe you made a mistake, let’s dig deep.'

I think the politics have gotten better in the United States, which makes it easier to pass legislation, budgets and treaties.

I think the free-enterprise system has been great for society. That doesn't mean it's completely perfect. And also, when people say capitalism, I'm not really sure what they mean.

I speak to lots of people around the world, and no one would tell you that 25 basis points will make a difference to them.