JPMorgan’s Michele Says Fed Signal Is ‘Don’t Worry About It’

JPMorgan’s chief investment officer Bob Michele stated the Federal Reserve conveyed a reassuring message to financial markets amid rising volatility and geopolitical tensions. The Fed’s signal—interpreted as “don’t worry about it”—aimed to calm fears over surging oil prices and escalating conflict in Iran. Michele’s remarks, made in March 2026, suggest the central bank is downplaying immediate economic risks despite market unease. Geopolitical instability and energy price spikes had triggered investor concerns, prompting the Fed’s implicit stabilization effort. The statement reflects confidence in market resilience but may signal cautious optimism rather than concrete policy shifts.