JPMorgan Chase CEO Jamie Dimon warns US interest rates could rise to 8%+ due to deficit spending and geopolitical stress, complicating inflation fight.

JPMorgan Chase CEO Jamie Dimon warned that US interest rates could rise to 8% or higher due to record-high deficit spending and geopolitical stress, complicating efforts to fight inflation. He also mentioned that inflation, political polarization, and wars pose unprecedented risks since WWII.

April 08, 2024
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