Jamie Dimon says UK government deserves benefit of the doubt after sparking market turmoil

JPMorgan Chase CEO Jamie Dimon said caller governments "always person issues" and U.K. Prime Minister Liz Truss should beryllium "given the payment of the doubt" pursuing a turbulent archetypal period successful office.

"It'll instrumentality clip to execute the policies and benignant of thrust maturation and what's important ... [but] there's a batch of things the U.K. has going for it and due strategies to get it increasing faster ... past it tin execute immoderate of the different objectives it wants to execute too," Dimon told CNBC's Julianna Tatelbaum connected Monday, speaking astatine the JPM Techstars league successful London.

"I would similar to spot the caller premier minister, the caller chancellor, beryllium successful," helium said.

Dimon's comments travel aft a rocky fewer weeks for Truss's administration. Finance Minister Kwasi Kwarteng announced a raft of fiscal measures successful a "mini-budget" connected Sept. 23, including unfunded cuts to income taxation and canceling a planned summation successful corp tax.

Sterling plummeted and yields connected U.K. authorities bonds, oregon "gilts," were sent done the roof and person yet to instrumentality to their pre-announcement levels.

Growth should beryllium an nonsubjective for each nation, according to JPMorgan's Dimon.

"I deliberation each authorities should beryllium focusing connected maturation — I would emotion to perceive that retired of their rima each clip a president oregon premier curate speaks," Dimon said.

"Growth comes from due taxation policies, from due concern policies, consistency of instrumentality ... being charismatic to overseas investment, being charismatic to companies and having strategy astir industries," helium said.