JPMorgan Chase CEO: Interest rates may remain high for a longer period of time
In an interview with The Times of India, Jamie Dimon, CEO of JPMorgan Chase, stated that he believes interest rates could remain high for a longer period. Given the complex geopolitical situation and extreme global fiscal spending, the likelihood of a soft landing is less than 70%-80%. Dimon said, "Inflation may rise over time."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Indian government is significantly strengthening cryptocurrency enforcement training
Wintermute: Crypto Market Liquidity Exhibiting "Cyclical Reuse" Characteristics
Data: A trader paid over $6,000 in tips to buy 2.55 million DOYR, incurring a loss of $17,400.