Comment on Prepare for higher interest rates as US inflation stays stubborn, JPMorgan CEO Jamie Dimon says

Prepare for higher interest rates as US inflation stays stubborn, JPMorgan CEO Jamie Dimon says

JPMorgan Chase CEO Jamie Dimon.Kimberly White/Getty Images JPMorgan CEO Jamie Dimon said there's a chance the Federal Reserve will keep hiking rates. The central bank would be right to pause, he said, but given the stubbornness of inflation, they're likely to keep raising rates. Inflation has massively fallen from their mid-2022 highs, but still remains above the Fed's target at 4.9%.

 

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