JP Morgan CEO: It’s perfectly reasonable for the Fed to go to 5% and wait a while

…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]

Jamie Dimon, Chief Executive Officer (CEO) of JPMorgan Chase & Co., cautioned against declaring victory against inflation too early, warning the Federal Reserve could raise interest rates above the 5% mark if higher prices ended up “sticky,” reported Reuters.

That said, Reuters interviews JP Morgan’s Dimon and published his outlook on multiple issues ranging from the Federal Reserve (Fed) to credit card fees.

Also read: US Dollar Index eyes three-week uptrend as Fed hawks ride on higher inflation expectations

[/s2If]
Join Our Telegram Group