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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  • Jamie Dimon warns inflation, interest rates may remain elevated
    JPMorgan CEO Jamie Dimon warned that inflation and interest rates could remain high as large amounts of government spending underpin the U.S. economy.
    04/8/2024 - 3:20 am | View Link
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